FY2022 EPS Estimates for Transcontinental (TSE:TCL) Increased by Analyst

Transcontinental (TSE:TCLGet Rating) – Cormark raised their FY2022 earnings estimates for shares of Transcontinental in a research note issued on Thursday, September 8th. Cormark analyst D. Mcfadgen now expects that the company will post earnings of $2.21 per share for the year, up from their previous forecast of $2.15.

Transcontinental (TSE:TCLGet Rating) last posted its earnings results on Wednesday, June 8th. The company reported C$0.48 earnings per share for the quarter, missing the consensus estimate of C$0.51 by C($0.03). The firm had revenue of C$715.50 million for the quarter, compared to analysts’ expectations of C$565.20 million.

Transcontinental Stock Performance

Transcontinental has a 1-year low of C$23.27 and a 1-year high of C$31.95.

Insider Activity

In other news, Senior Officer Donald Lecavalier bought 3,600 shares of the business’s stock in a transaction dated Thursday, June 23rd. The stock was purchased at an average cost of C$15.40 per share, with a total value of C$55,440.00. Following the acquisition, the insider now directly owns 25,250 shares in the company, valued at C$388,850.

Transcontinental Company Profile

(Get Rating)

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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Earnings History and Estimates for Transcontinental (TSE:TCL)

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