01:38 PM EST, 12/12/2024 (MT Newswires) -- Transcontinental reported fourth-quarter revenue of $749 million (CE $760 million), Adj. EPS $0.79 vs. $0.83 (CE $0.74).

National Bank notes that the Canada Post strike has so far had a $7 million profit impact in the Printing segment in Q1/25. "While we think TCL will offset some of this with added Printing savings, we raised f2025E Packaging EBITDA by $7M as more flat y/y results could occur despite shortfall from industrial sale," writes analyst Adam Shine.

Shine will revisit estimates if strike lasts more than two more weeks.

Target raised to $23 (from $21). Maintain Outperform.

Price: 17.90, Change: +0.37, Percent Change: +2.11