Corus Entertainment Inc expected to post earnings of 20  cents a share - Earnings Preview

Corus Entertainment

27/06/2022 13:46

* Corus Entertainment Inc  CJRb.TO   is expected to show a
rise in
quarterly revenue when it reports  results on June 29. 
    * The Toronto Ontario-based  company is expected to report 
a
3.7% increase in revenue to C$417.792 million from C$403 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 20 cents per share. For the same quarter last
year, the company reported earnings of 21 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Corus
Entertainment Inc is C$7.25​, above​ its last closing price
of C$3.99. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2022  91.66       92.05      86.56     Missed  -6
               million     million    million           
 Nov. 30 2022  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. 31 2021  133.02      132.99     130.67    Missed  -1.7
               million     million    million           
 ​​Feb.        99.65       103.51     112.64    Beat    8.8
 28 2021       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           
 May. 31 2020  119.09      117.55     111.31    Missed  -5.3
               million     million    million           
 This summary was machine generated June 27 at 12:46 GMT.  All
figures in Canadian dollars  unless otherwise stated