FY2019 EPS Estimates for Transcontinental Inc. Lifted by Analyst (TCL)
Transcontinental Inc. (TSE:TCL) – National Bank Financial boosted their FY2019 earnings estimates for shares of Transcontinental in a report released on Monday. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $2.66 for the year, up from their prior estimate of $2.65. National Bank Financial has a “Outperform Market Weight” rating on the stock.
Transcontinental (TSE:TCL) last released its quarterly earnings results on Thursday, December 14th. The company reported C$0.88 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.92 by C($0.04). Transcontinental had a net margin of 13.92% and a return on equity of 24.83%.
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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.
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