Brokers Offer Predictions for Quebecor’s FY2024 Earnings (TSE:QBR)

Quebecor (TSE:QBR) – National Bank Financial reduced their FY2024 EPS estimates for Quebecor in a research report issued to clients and investors on Tuesday, April 16th. National Bank Financial analyst A. Shine now anticipates that the company will earn $3.24 per share for the year, down from their previous estimate of $3.46.

Quebecor (TSE:QBR) last released its quarterly earnings results on Thursday, February 22nd. The company reported C$0.73 EPS for the quarter, meeting the consensus estimate of C$0.73. The business had revenue of C$1.50 billion during the quarter, compared to analyst estimates of C$1.51 billion.

Quebecor Price Performance

Quebecor Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were given a $0.325 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a positive change from Quebecor’s previous quarterly dividend of $0.30. This represents a $1.30 annualized dividend and a dividend yield of ∞.