Transcontinental (TCLAF) Projected to Announce Quarterly Earnings on Wednesday

Transcontinental (OTCMKTS:TCLAF) will likely be issuing its results after the market closes on Wednesday, September 9th. Analysts expect the company to announce earnings of $0.2689 per share and revenue of $210.53 million for the quarter.

Transcontinental Price Performance

OTCMKTS:TCLAF opened at $3.87 on Monday. Transcontinental has a twelve month low of $3.07 and a twelve month high of $18.33. The stock’s 50 day moving average price is $3.92 and its two-hundred day moving average price is $6.10.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Transcontinental in a research note on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Transcontinental Company Profile

Transcontinental Inc is a Canada-based company specializing in printing and flexible packaging solutions. Through its print segment, the company provides commercial printing, specialty media and label products for a range of industries, including publishing, retail and healthcare. Its flexible packaging segment designs and manufactures printed and laminated films, pouches, wrappers and labels used primarily in food and beverage, personal care, home care and pharmaceutical markets.

Founded in 1976 by Rémi Marcoux, Transcontinental has evolved from a regional printing operation into one of North America’s largest printers and a leading flexible-packaging manufacturer.