Quebecor to Post FY2018 Earnings of $1.33 Per Share, Cormark Forecasts (TSE:QBR)

Quebecor (TSE:QBR) – Stock analysts at Cormark upped their FY2018 earnings per share (EPS) estimates for Quebecor in a note issued to investors on Wednesday, May 9th, Zacks Investment Research reports. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings per share of $1.33 for the year, up from their previous forecast of $1.23. Cormark also issued estimates for Quebecor’s FY2019 earnings at $1.34 EPS.

Quebecor (TSE:QBR) last posted its earnings results on Wednesday, March 14th. The company reported C$0.33 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.37 by C($0.04). The firm had revenue of C$1.06 billion for the quarter, compared to analysts’ expectations of C$1.07 billion.

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 24th. Investors of record on Friday, March 30th were paid a dividend of $0.027 per share. The ex-dividend date was Wednesday, March 28th. This represents a $0.11 dividend on an annualized basis and a dividend yield of Infinity.

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Earnings History and Estimates for Quebecor (TSE:QBR)

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