FY2025 EPS Forecast for Transcontinental Cut by Analyst

Transcontinental (TSE:TCL) – Investment analysts at National Bank Financial dropped their FY2025 earnings per share estimates for Transcontinental in a research note issued to investors on Tuesday, November 12th. National Bank Financial analyst A. Shine now anticipates that the company will earn $2.48 per share for the year, down from their previous forecast of $2.49.

Transcontinental (TSE:TCL) last released its earnings results on Wednesday, September 11th. The company reported C$0.60 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.56 by C$0.04. The company had revenue of C$700.00 million during the quarter, compared to the consensus estimate of C$692.00 million.

Transcontinental Price Performance

Transcontinental has a 12-month low of C$23.27 and a 12-month high of C$31.95.

Transcontinental Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Thursday, October 3rd were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a $0.90 annualized dividend and a yield of ∞.

Insiders Place Their Bets

In other Transcontinental news, Director Serge Boulanger purchased 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was bought at an average price of C$16.95 per share, with a total value of C$50,850.00.

About Transcontinental

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.