Cineverse Corp expected to post a loss of 6 cents a share - Earnings Preview

Cineverse

12/08/2023 03:06

* Cineverse Corp  CNVS.OQ   CNVS.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 14. 
    * The New York City-based  company is expected to report  a
0.6% decrease in revenue to $13.508 million from $13.59 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cineverse Corp is
for a
loss of 6 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 100.0% in the last three months. ​
    * Wall Street's median 12-month price target for Cineverse
Corp is
$27​, above​ its last closing price of $1.27. ​​​

This summary was machine generated August 12 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated