Earnings Alerts

Transcontinental Inc (TCL/A) Earnings: 3Q Adjusted EPS Surpasses Estimates at C$0.60

By September 12, 2024 No Comments
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  • Transcontinental’s 3rd quarter adjusted EPS was C$0.60, compared to C$0.51 last year, exceeding the estimate of C$0.56.
  • The company reported revenue of C$700.0 million, a slight decrease of 0.9% year-over-year, just missing the estimate of C$701.6 million.
  • Adjusted Oibda for the quarter was C$121.0 million, up 12% from last year, surpassing the estimate of C$116.2 million.
  • The Packaging segment posted an adjusted Oibda of C$64.9 million, an increase of 21% year-over-year, beating the estimate of C$63.5 million.
  • The Printing segment recorded an adjusted Oibda of C$50.8 million, up 12% from last year, topping the estimate of C$45.5 million.
  • Adjusted operating income for the quarter was C$84.2 million, a 20% rise from last year, exceeding the estimate of C$71.2 million.
  • Analyst recommendations for Transcontinental include 5 buys, 1 hold, and 0 sells.

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A look at Transcontinental Inc Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Transcontinental Inc, a commercial printer and distributor of various marketing materials, has received a positive outlook based on the Smart Scores analysis. With a high score in Value and Dividend, the company is deemed to be solid in terms of its financial standing and ability to provide returns to investors. Additionally, the strong Momentum score suggests that Transcontinental is currently performing well in the market, indicating potential growth opportunities in the future. However, the lower scores in Growth and Resilience factors may pose some challenges for the company in the long term.

Transcontinental Inc‘s overall outlook, as indicated by the Smartkarma Smart Scores, reflects a company with solid financial fundamentals and performance in the market. While the company excels in Value, Dividend, and Momentum, signaling strength and potential for returns, the slightly lower scores in Growth and Resilience areas may warrant careful consideration for long-term investors. Despite these considerations, the company’s diverse operations in printing and distribution across North America position it as a key player in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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