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

Cineverse

24/06/2022 21:10

* Cinedigm Corp  CIDM.OQ   CIDM.O  is expected to show a
rise in
quarterly revenue when it reports  results on June 27. 
    * The New York City-based  company is expected to report  a
35.9% increase in revenue to $11.231 million from $8.27 million
a year ago, according to the estimate from one analyst, 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 4 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​, above​ its last closing price of $0.59. ​​​

This summary was machine generated June 24 at 20:10 GMT.  All
figures in US dollars  unless otherwise stated