Chicken Soup for The Soul Entertainment Inc reports results for the quarter ended in September - Earnings Summary

Chicken Soup for The Soul Entertainment

22/12/2023 23:50

* Chicken Soup for The Soul Entertainment Inc  CSSE.OQ 
reported a
quarterly adjusted loss of $1.86​​ per share for the quarter
ended in September, lower than the same quarter last year, when
the company reported EPS of $-1.13.  The mean expectation of
five analysts for the quarter was for a loss of $1.17 per share.
Wall Street expected results to range from $-1.24 to $-1.12 per
share.
    * Revenue fell 9.2% to $65.72 million from a year ago;
analysts
expected $102.08 million. 
    * Chicken Soup for The Soul Entertainment Inc's reported EPS
for
the quarter was a loss of $13.78​.
    * The company reported a quarterly loss of $433.36 million.
    * Chicken Soup for The Soul Entertainment Inc shares
had fallen
by 36.5% this quarter and lost 95.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the entertainment
production peer group is  "hold."

Wall Street's median 12-month price target for Chicken Soup for
The Soul Entertainment Inc is $1.63 
This summary was machine generated from LSEG data December 22 at
11:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -1.17          -1.86          Missed
 Jun. 30 2023      -1.72          -1.50          Beat
 Mar. 31 2023      -1.69          -2.76          Missed
 Dec. 31 2022      -1.21          -2.70          Missed