Corus Entertainment Inc expected to post earnings of 9  cents a share - Earnings Preview

Corus Entertainment

06/04/2022 13:34

* Corus Entertainment Inc  CJRb.TO   is expected to show a
rise in
quarterly revenue when it reports  results on April 8. 
    * The Toronto Ontario-based  company is expected to report 
a
1.9% increase in revenue to C$365.632 million from C$358.87
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 9 cents per share. For the same quarter last
year, the company reported earnings of 18 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 1.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Corus
Entertainment Inc is C$8​, above​ its last closing price
of C$4.79. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 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.        157.29      161.70     178.61    Beat    10.5
 30 2020       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           
 Feb. 29 2020  108.64      108.56     115.91    Beat    6.8
               million     million    million           
 This summary was machine generated April 6 at 12:34 GMT.  All
figures in Canadian dollars  unless otherwise stated