Quebecor Expected to Post Q1 2019 Earnings of $0.43 Per Share (QBR)

Quebecor (TSE:QBR) – Analysts at Cormark issued their Q1 2019 EPS estimates for shares of Quebecor in a report issued on Monday, May 6th, according to Zacks Investment Research. Cormark analyst D. Mcfadgen anticipates that the company will post earnings of $0.43 per share for the quarter.

Separately, Echelon Wealth Partners reaffirmed a “buy” rating on shares of Quebecor in a research report on Friday, March 15th.

Quebecor (TSE:QBR) last posted its earnings results on Wednesday, March 13th. The company reported C$0.52 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.45 by C$0.07. The company had revenue of C$1.09 billion during the quarter, compared to analyst estimates of C$1.08 billion.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 23rd. Stockholders of record on Friday, March 29th were given a dividend of $0.055 per share. The ex-dividend date was Thursday, March 28th. This represents a $0.22 annualized dividend and a dividend yield of ∞.

In other news, Director Marc Tremblay sold 31,580 shares of the stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of C$31.82, for a total transaction of C$1,004,859.81. Following the sale, the director now owns 69,720 shares of the company’s stock, valued at C$2,218,455.54.

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