Cineverse Corp reports results for the quarter ended March 31 - Earnings Summary
27/06/2025 22:01
Cineverse Corp CNVS.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of two analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -16 cents to 1 cents per share. Revenue rose 57.9% to $15.58 million from a year ago; analysts expected $14.29 million. Cineverse Corp's reported EPS for the quarter was 4 cents. The company reported quarterly net income of $761 thousand. Cineverse Corp shares had risen by 32.3% this quarter and gained 14.5% so far this year. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS 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 average consensus recommendation for the entertainment production peer group is also "buy" Wall Street's median 12-month price target for Cineverse Corp is $8.50, about 50.8% above its last closing price of $4.18 This summary was machine generated from LSEG data June 27 at 09:00 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | -0.07 | 0.04 | Beat |
| Dec. 31 2024 | 0.31 | 0.34 | Beat |
| Sep. 30 2024 | -0.12 | -0.09 | Beat |
| Jun. 30 2024 | -0.13 | -0.20 | Missed |