Quebecor (QBCRF) Projected to Release Quarterly Earnings on Thursday

Quebecor (OTCMKTS:QBCRFGet Free Report) is projected to release its results before the market opens on Thursday, August 6th. Analysts expect Quebecor to announce earnings of $0.7770 per share and revenue of $997.2240 million for the quarter.

Quebecor (OTCMKTS:QBCRFGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. Quebecor had a return on equity of 33.84% and a net margin of 15.55%.The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $982.02 million.

Quebecor Stock Down 0.2%

Quebecor stock opened at $46.37 on Thursday. Quebecor has a twelve month low of $26.93 and a twelve month high of $49.00. The stock has a 50 day moving average of $48.08 and a two-hundred day moving average of $43.10. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.39. The stock has a market capitalization of $10.45 billion and a price-to-earnings ratio of 67.20.

Analyst Ratings Changes

A number of research analysts have recently issued reports on QBCRF shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Quebecor in a report on Friday, May 15th. Raymond James Financial began coverage on shares of Quebecor in a research report on Wednesday, July 15th. They issued a “market perform” rating on the stock. TD Securities reissued a “buy” rating on shares of Quebecor in a research note on Monday, June 29th. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a research note on Tuesday, July 7th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Quebecor in a research report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on QBCRF

Quebecor Company Profile

(Get Free Report)

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.

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