Quebecor (OTCMKTS:QBCRF – Get Free Report) announced its earnings results on Thursday. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.02, Zacks reports.
Quebecor Stock Up 5.8%
Shares of OTCMKTS QBCRF traded up $2.45 during trading on Thursday, hitting $44.51. 729 shares of the company were exchanged, compared to its average volume of 5,772. The company has a fifty day moving average price of $41.97 and a 200-day moving average price of $38.53. Quebecor has a 12-month low of $26.16 and a 12-month high of $44.79.
Quebecor Company Profile
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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