Cineverse Corp reports results for the quarter ended March 31 - Earnings Summary
Cineverse Corp reports results for the quarter ended March 31 - Earnings Summary
Cineverse Corp CNVS.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of two analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -14 cents to -10 cents per share.
Revenue rose 66.7% to $25.97 million from a year ago; analysts expected $23.11 million.
Cineverse Corp's reported EPS for the quarter was 5 cents.
The company reported quarterly net income of $1.15 million.
Cineverse Corp shares had risen by 11.7% this quarter and gained 27.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 700% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
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 $11.00, about 75.6% above its last closing price of $2.68
This summary was machine generated from LSEG data June 26 at 01:31 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 2026 | -0.12 | -0.09 | Beat |
Dec. 31 2025 | -0.03 | -0.02 | Beat |
Sep. 30 2025 | -0.17 | -0.31 | Missed |
Jun. 30 2025 | -0.08 | -0.21 | Missed |