Transcontinental (TCLAF) to Release Quarterly Earnings on Tuesday

Transcontinental (OTCMKTS:TCLAF) is expected to be posting its results before the market opens on Tuesday, March 10th. Analysts expect Transcontinental to post earnings of $0.1656 per share and revenue of $258.00 million for the quarter.

Transcontinental Stock Up 0.6%

Shares of TCLAF opened at $17.10 on Tuesday. Transcontinental has a twelve month low of $11.35 and a twelve month high of $18.00. The firm’s 50 day moving average price is $16.85 and its two-hundred day moving average price is $15.31.

Wall Street Analysts Forecast Growth

TCLAF has been the topic of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Transcontinental in a research report on Friday, December 12th. Scotiabank restated a “sector perform” rating on shares of Transcontinental in a report on Tuesday, December 9th. Finally, National Bank Financial reaffirmed an “outperform” rating on shares of Transcontinental in a research report on Tuesday, December 9th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Transcontinental currently has an average rating of “Moderate Buy”.

Transcontinental Company Profile

Transcontinental Inc is a Canada-based company specializing in printing and flexible packaging solutions. Through its print segment, the company provides commercial printing, specialty media and label products for a range of industries, including publishing, retail and healthcare. Its flexible packaging segment designs and manufactures printed and laminated films, pouches, wrappers and labels used primarily in food and beverage, personal care, home care and pharmaceutical markets.

Founded in 1976 by Rémi Marcoux, Transcontinental has evolved from a regional printing operation into one of North America’s largest printers and a leading flexible-packaging manufacturer.