FY2018 EPS Estimates for Transcontinental Inc. (TCL) Lowered by Analyst
Transcontinental Inc. (TSE:TCL) – Equities research analysts at National Bank Financial reduced their FY2018 EPS estimates for Transcontinental in a research note issued to investors on Monday. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $2.64 for the year, down from their previous estimate of $2.67. National Bank Financial has a “Outperform Market Weight” rating on the stock.
Shares of Transcontinental (TSE TCL) traded down C$0.18 during trading hours on Thursday, reaching C$25.91. 265,707 shares of the company traded hands, compared to its average volume of 75,367. Transcontinental has a one year low of C$20.22 and a one year high of C$31.95.
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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