Cineverse Corp expected to post a loss of 12 cents a share - Earnings Preview

Cineverse

12/11/2024 23:57

* Cineverse Corp  CNVS.OQ   CNVS.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 14 for
the period ending September 30 2024
    * The New York City-based  company is expected to report a
17.4% decrease in revenue to $10.746 million from $13.01 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cineverse Corp is for a
loss
of 12 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 Cineverse
Corp is
6.75​, above​ its last closing price of $3.18. ​​​

This summary was machine generated November 12 at 23:57 GMT. 
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)