National Bank Financial Comments on Quebecor, Inc.’s FY2017 Earnings (QBR)

Quebecor, Inc. (TSE:QBR) – National Bank Financial decreased their FY2017 earnings per share (EPS) estimates for shares of Quebecor in a research note issued to investors on Thursday. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $2.58 for the year, down from their previous forecast of $2.67. National Bank Financial also issued estimates for Quebecor’s FY2019 earnings at $3.50 EPS.

Separately, Desjardins cut shares of Quebecor from a “buy” rating to a “hold” rating in a research note on Friday.

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The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, November 24th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Wednesday, November 22nd.

Earnings History and Estimates for Quebecor (TSE:QBR)

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