Transcontinental Expected to Post Q3 2019 Earnings of $0.53 Per Share (TSE:TCL)
Transcontinental (TSE:TCL) – Stock analysts at National Bank Financial issued their Q3 2019 earnings per share estimates for shares of Transcontinental in a note issued to investors on Sunday, July 14th. National Bank Financial analyst A. Shine expects that the company will post earnings per share of $0.53 for the quarter. National Bank Financial currently has a “Sector Perform Under Weight” rating on the stock.
Transcontinental (TSE:TCL) last released its earnings results on Thursday, June 6th. The company reported C$0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.56 by C$0.04. The company had revenue of C$767.40 million during the quarter, compared to the consensus estimate of C$763.30 million.
In related news, Director Peter Brues bought 6,850 shares of the company’s stock in a transaction on Wednesday, July 10th. The shares were acquired at an average cost of C$14.70 per share, with a total value of C$100,674.45. Following the completion of the acquisition, the director now owns 18,350 shares of the company’s stock, valued at approximately C$269,689.95.
Transcontinental Company Profile
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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