FY2019 EPS Estimates for Transcontinental Inc. Raised by National Bank Financial (TCL)
Transcontinental Inc. (TSE:TCL) – Research analysts at National Bank Financial lifted their FY2019 EPS estimates for shares of Transcontinental in a research note issued on Thursday. National Bank Financial analyst A. Shine now expects that the company will post earnings of $2.68 per share for the year, up from their prior estimate of $2.53. National Bank Financial currently has a “Outperform Market Weight” rating on the stock.
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The business also recently announced a quarterly dividend, which was paid on Wednesday, October 18th. Shareholders of record on Monday, October 2nd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of Infinity. The ex-dividend date was Friday, September 29th.
Transcontinental Inc is a 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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