TVA Group Inc (TSE:TVA) Forecasted to Earn FY2018 Earnings of $0.51 Per Share

TVA Group Inc (TSE:TVA) – Research analysts at Cormark cut their FY2018 earnings per share (EPS) estimates for TVA Group in a research note issued on Monday, Zacks Investment Research reports. Cormark analyst D. Mcfadgen now expects that the company will post earnings of $0.51 per share for the year, down from their previous forecast of $0.61.

Separately, National Bank Financial lowered TVA Group from an “outperform market weight” rating to a “sector perform market weight” rating in a research report on Friday, March 2nd.

Shares of TVA Group (TVA) remained flat at $C$3.80 during midday trading on Wednesday. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 2,788. The firm has a market cap of $149.22, a P/E ratio of -10.27 and a beta of -0.28. TVA Group has a 52-week low of C$2.16 and a 52-week high of C$4.93.

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About TVA Group

TVA Group Inc (TVA Group) is a Canada-based communications company. The Company operates through three segments: Broadcasting & Production, Magazines, and Film Production & Audiovisual Services. In the Broadcasting & Production segment, it creates, produces and broadcasts entertainment, information and public affairs programming; distributes audiovisual products and films, and is engaged in commercial production.

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