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Quebecor Class B (TSE:QBR.B)
:QBR.B
Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.74Last Year’s EPS
0.73Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -4.48%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
The earnings call showed strong performance in wireless growth and customer satisfaction, highlighting successful network expansion and financial strategies. However, challenges in the wireline segment, media struggles, and regulatory hurdles present significant obstacles.Company Guidance
During Quebecor Inc.'s third quarter conference call for 2024, key guidance metrics were highlighted by the company's executives. The company reported a record quarterly wireless loading performance with 132,000 net additions and a year-over-year increase of 352,000 new lines, reaching a total of 4,050,700 mobile active lines across its brands. Wireless EBITDA grew by 17% to $271 million, with the EBITDA margin improving from 40.5% to 45% compared to the same quarter last year. Despite the strong wireless performance, consolidated revenues decreased by 1.8% to $1.4 billion, and EBITDA fell by $30 million due to a negative variance in stock-based compensation. The media segment posted an EBITDA of $12 million, down $4 million, while sports and entertainment revenues grew by 7% to $64 million. Quebecor's net debt-to-EBITDA ratio stood at 3.36 times, reflecting the lowest level among its telecom competitors. The company continued to focus on sustainable growth and competitive pricing strategies while urging regulatory adjustments to support market expansion.Record Wireless Loading Performance
Achieved best ever quarterly wireless loading performance with 132 net additions and 352,000 new lines year-over-year, totaling 4,050,700 mobile active lines.
Wireless EBITDA Growth
Wireless EBITDA increased by 17% to $271 million, with an improved EBITDA margin from 40.5% to 45%.
Strong Customer Satisfaction
Videotron rated as the telecommunication company with the best customer service, according to a Léger survey.
Network Expansion and Innovation
Fizz expanded its service area to an additional 2.2 million Canadians and Videotron extended its wireless service to new regions.
Successful Refinancing
Videotron issued US$700 million of senior notes with a yield of 5.1%, improving financial flexibility.
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TSE:QBR.B Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:QBR.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | C$34.14 | C$33.18 | -2.81% |
| Aug 08, 2024 | C$31.37 | C$32.51 | +3.62% |
| May 09, 2024 | C$27.87 | C$28.86 | +3.55% |
| Feb 22, 2024 | C$30.24 | C$29.50 | -2.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Quebecor Class B (TSE:QBR.B) report earnings?
Quebecor Class B (TSE:QBR.B) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Quebecor Class B (TSE:QBR.B) earnings time?
Quebecor Class B (TSE:QBR.B) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:QBR.B EPS forecast?
TSE:QBR.B EPS forecast for the fiscal quarter 2024 (Q4) is 0.74.
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