Corus Entertainment Inc expected to post earnings of 36 cents a share - Earnings Preview

Corus Entertainment

11/01/2022 13:32

* Corus Entertainment Inc  CJRb.TO   is expected to show a rise
in quarterly revenue when it reports  results on January 13. 
* The Toronto Ontario-based  company is expected to report  a
8.5% increase in revenue to C$456.152 million from C$420.36
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Corus Entertainment Inc
is for earnings of 36 cents per share. For the same quarter last
year, the company reported earnings of 38 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 risen by about 0.6%
in the last three months. ​
* Wall Street's median 12-month price target for Corus
Entertainment Inc is C$8​, about 38.9% above​ its last closing
price of C$4.89. ​​​
* Previous quarterly performance (using preferred earnings
measure in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 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.        91.12       90.82      94.50     Beat    4.1
 31 2020       million     million    million           
 May. 31 2020  119.09      117.55     111.31    Missed  -5.3​
               million     million    million           
 Feb. 29 2020  108.64      108.56     115.91    Beat    6.8
               million     million    million           
 Nov. 30 2019  187.07      187.45     184.12    Missed  -1.8
               million     million    million           
 This summary was machine generated January 11 at 13:32 GMT.  All
figures in Canadian dollars  unless otherwise stated