National Bank Financial Weighs in on Quebecor’s Q1 2024 Earnings (TSE:QBR)

Quebecor (TSE:QBR) – Investment analysts at National Bank Financial issued their Q1 2024 earnings estimates for shares of Quebecor in a report released on Tuesday, April 16th. National Bank Financial analyst A. Shine expects that the company will earn $0.70 per share for the quarter. National Bank Financial also issued estimates for Quebecor’s FY2025 earnings at $3.55 EPS.

Quebecor Price Performance

Quebecor (TSE:QBR) last released its earnings results on Thursday, February 22nd. The company reported C$0.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.73. The company had revenue of C$1.50 billion during the quarter, compared to analysts’ expectations of C$1.51 billion.

Quebecor Increases Dividend

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