Transcontinental (TCLAF) Expected to Announce Quarterly Earnings on Tuesday

Transcontinental (OTCMKTS:TCLAF) is projected to release 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 0.5%

Shares of TCLAF stock opened at $17.06 on Monday. Transcontinental has a fifty-two week low of $11.77 and a fifty-two week high of $18.00. The stock’s 50-day moving average is $16.88 and its two-hundred day moving average is $15.39.

Analysts Set New Price Targets

TCLAF has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Transcontinental in a research note on Friday, December 12th. National Bank Financial reaffirmed an “outperform” rating on shares of Transcontinental in a research report on Tuesday, December 9th. Finally, Scotiabank reissued a “sector perform” rating on shares of Transcontinental in a research report on Tuesday, December 9th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Transcontinental presently has a consensus 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.