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

Quebecor (TSE:QBR) – Analysts at National Bank Financial issued their Q1 2024 earnings per share estimates for Quebecor in a research note issued on Tuesday, April 16th. National Bank Financial analyst A. Shine forecasts that the company will post earnings of $0.70 per share for the quarter. National Bank Financial also issued estimates for Quebecor’s FY2025 earnings at $3.55 EPS.

Quebecor Stock Performance

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

Quebecor Increases Dividend

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