Cineverse Corp expected to post breakeven results a share - Earnings Preview

Cineverse

27/06/2023 21:02

* Cineverse Corp  CNVS.OQ   CNVS.O  is expected to show a
fall in
quarterly revenue when it reports  results on June 29. 
    * The New York City-based  company is expected to report  a
25.2% decrease in revenue to $12.605 million from $16.85 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
breakeven results 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
$27​, above​ its last closing price of $2.06. ​​​

This summary was machine generated June 27 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated