Transcontinental Inc. (TSE:TCL) – Stock analysts at National Bank Financial lowered their FY2018 earnings per share estimates for Transcontinental in a research note issued to investors on Monday. National Bank Financial analyst A. Shine now expects that the company will earn $2.63 per share for the year, down from their prior forecast of $2.64. National Bank Financial currently has a “Outperform Market Weight” rating on the stock.

Transcontinental (TCL) traded down C$0.02 during mid-day trading on Wednesday, hitting C$24.78. The stock had a trading volume of 101,390 shares, compared to its average volume of 136,168. The firm has a market cap of $1,920.00, a P/E ratio of 9.08 and a beta of 0.47. Transcontinental has a 1-year low of C$20.22 and a 1-year high of C$31.95.

Transcontinental (TSE:TCL) last released its quarterly earnings data on Thursday, December 14th. The company reported C$0.88 EPS for the quarter, missing analysts’ consensus estimates of C$0.92 by C($0.04). Transcontinental had a return on equity of 24.83% and a net margin of 13.92%. TRADEMARK VIOLATION WARNING: “Transcontinental Inc. (TCL) Forecasted to Post FY2018 Earnings of $2.63 Per Share” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2018/01/17/transcontinental-inc-tcl-forecasted-to-post-fy2018-earnings-of-2-63-per-share.html.

About Transcontinental

Transcontinental Inc is a Canada-based printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.

Earnings History and Estimates for Transcontinental (TSE:TCL)

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