Cinedigm Corp expected to post a loss of 4 cents a share - Earnings Preview

Cineverse

01/09/2021 16:46

* Cinedigm Corp  CIDM.OQ   CIDM.O  is expected to show a rise in
quarterly revenue when it reports results on September 2. 
* The New York City, New York-based company is expected to
report   a 110.2% increase in revenue to $12.649 million from
$6.02 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 4 cents per share. For the same quarter last year, the
company reported a loss of 21 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 had fallen by
about 10.0% in the last three months. ​
* Wall Street's median 12-month price target for Cinedigm Corp
is $3.25​, about 42.2% above​ its last closing price
of $1.88. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.06       -0.05      -0.04     Beat    27.3
 Dec. 31 2020  -0.04       -0.03      -0.07     Missed  -133.3
 Sep. 30 2020  -0.06       -0.06      -0.23     Missed  -283.3
                                                        ​
 Jun. 30 2020  -0.08       -0.08      -0.21     Missed  -162.5
 ​​            ​                                        ​
                                                        ​
 Sep. 30 2019  -0.03       -0.03      -0.08     Missed  -166.7
 Jun. 30 2019              -0.06      -0.13     Missed  -116.7
 This summary was machine generated September 1 at 15:46 GMT. 
All figures in US dollars unless otherwise stated