Quebecor (QBCRF) Expected to Announce Quarterly Earnings on Thursday

Quebecor (OTCMKTS:QBCRF) is expected to be issuing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.7020 per share and revenue of $1.1020 billion for the quarter.

Quebecor Trading Up 1.5%

Shares of QBCRF stock opened at $39.09 on Friday. Quebecor has a 52-week low of $22.63 and a 52-week high of $39.28. The business’s fifty day moving average is $37.13 and its 200 day moving average is $33.98.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on QBCRF shares. TD Securities reaffirmed a “buy” rating on shares of Quebecor in a report on Monday, December 8th. Scotiabank reaffirmed a “sector perform” rating on shares of Quebecor in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Quebecor Company Profile

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.