National Bank Financial Weighs in on Quebecor Q4 Earnings

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

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

A number of other equities research analysts also recently weighed in on QBR. Scotiabank downgraded shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Royal Bank of Canada upgraded shares of Quebecor from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 18th.

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Quebecor Price Performance

Quebecor Announces Dividend

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

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.

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