National Bank Financial Cuts Earnings Estimates for Quebecor

Quebecor (TSE:QBRFree Report) – Analysts at National Bank Financial dropped their FY2025 earnings per share estimates for shares of Quebecor in a research note issued to investors on Thursday, November 7th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $3.29 for the year, down from their prior estimate of $3.31.

Separately, Scotiabank downgraded Quebecor from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th.

Check Out Our Latest Stock Report on Quebecor

Quebecor Stock Performance

Quebecor (TSE:QBRGet Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.83 by C($0.01). The business had revenue of C$1.39 billion for the quarter, compared to the consensus estimate of C$1.41 billion.

Quebecor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Friday, November 22nd will be paid a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Friday, November 22nd.

About Quebecor

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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.

See Also

Earnings History and Estimates for Quebecor (TSE:QBR)

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