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.
COPYRIGHT VIOLATION NOTICE: This news story was published by Stock Observer and is the property of of Stock Observer. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://www.thestockobserver.com/2017/11/14/national-bank-financial-comments-on-quebecor-inc-s-fy2017-earnings-qbr.html.
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.
Receive News & Ratings for Quebecor Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quebecor Inc. and related companies with MarketBeat.com's FREE daily email newsletter.