Corus Entertainment Inc expected to post earnings of 1 cent a share - Earnings Preview

Corus Entertainment

19/10/2022 13:32

* Corus Entertainment Inc  CJRb.TO   is expected to show a
fall in
quarterly revenue when it reports  results on October 21. 
    * The Toronto Ontario-based  company is expected to report 
a
4.7% decrease in revenue to C$344.214 million from C$361.26
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Corus Entertainment
Inc
is for earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 Corus
Entertainment Inc is C$4​, above​ its last closing price
of C$2.33. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 May. 31 2022  129.59      129.94     131.87    Beat    1.5
               million     million    million           
 Feb. 28 2022  91.66       92.05      86.56     Missed  -6
               million     million    million           
 Nov. 30 2021  174.18      174.95     177.17    Beat    1.3​
               million     million    million           
 Aug. 31 2021  98.19       98.85      102.70    Beat    3.9
               million     million    million           
 ​​May.        133.02      132.99     130.67    Missed  -1.7
 31 2021       million     million    million           
 Feb. 28 2021  99.65       103.51     112.64    Beat    8.8​
               million     million    million           
 Nov. 30 2020  157.29      161.70     178.61    Beat    10.5
               million     million    million           
 Aug. 31 2020  91.12       90.82      94.50     Beat    4.1
               million     million    million           
 This summary was machine generated October 19 at 12:32 GMT.  All
figures in Canadian dollars  unless otherwise stated