Cinedigm Corp expected to post a loss of 2 cents a share - Earnings Preview

Cineverse

12/11/2021 21:02

* Cinedigm Corp  CIDM.OQ   CIDM.O  is expected to show a rise in
quarterly revenue when it reports  results on November 15. 
* The New York City, New York-based company is expected to
report  a 52.1% increase in revenue to $10.923 million from
$7.18 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Cinedigm Corp is for a
loss of 2 cents per share. For the same quarter last year, the
company reported a loss of 23 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Cinedigm Corp
is $4.25​, about 48% above​ its last closing price of $2.21. ​​​
This summary was machine generated November 12 at 21:02 GMT. 
All figures in US dollars  unless otherwise stated