Quebecor (QBCRF) Expected to Announce Earnings on Thursday

Key Points

• Quebecor is expected to report results before the market opens on Thursday, May 7, with analysts forecasting earnings of $0.6810 per share and revenue of $981.093 million for the quarter.
• Shares opened at $41.52, trading near a 50-day moving average of $41.64 and a 200-day moving average of $37.86, with a 1-year range of $26.16 to $44.79.
• Analyst coverage is mixed-to-positive: Scotiabank reaffirmed a "sector perform" rating, while the consensus across six analysts is an average rating of Moderate Buy (four Buys, two Holds).

Quebecor (OTCMKTS:QBCRF - Get Free Report) will likely be posting its results before the market opens on Thursday, May 7th. Analysts expect Quebecor to post earnings of $0.6810 per share and revenue of $981.0930 million for the quarter.

Quebecor Price Performance

OTCMKTS:QBCRF opened at $41.52 on Thursday. The company has a 50 day moving average price of $41.64 and a 200-day moving average price of $37.86. Quebecor has a 1-year low of $26.16 and a 1-year high of $44.79.

Wall Street Analyst Weigh In

Separately, Scotiabank reaffirmed a "sector perform" rating on shares of Quebecor in a report on Monday, January 12th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

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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