National Bank Financial Weighs in on Quebecor Q4 Earnings

Quebecor (TSE:QBR) – Equities research analysts at National Bank Financial increased their Q4 2024 EPS estimates for Quebecor in a note issued to investors on Wednesday, January 15th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $0.75 for the quarter, up from their previous estimate of $0.74. National Bank Financial also issued estimates for Quebecor’s FY2025 earnings at $3.29 EPS.

Several other brokerages have also weighed in on QBR. Royal Bank of Canada raised shares of Quebecor from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 18th. Scotiabank lowered shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th.

Quebecor Price Performance

Quebecor (TSE:QBR) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.82 EPS for the quarter, missing the consensus estimate of C$0.83 by C($0.01). The company had revenue of C$1.39 billion for the quarter, compared to analyst estimates of C$1.41 billion.

Quebecor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Friday, November 22nd were given a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Friday, November 22nd.

Quebecor Company Profile

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation.