Corus Entertainment Inc reports results for the quarter ended in February - Earnings Summary

Corus Entertainment

08/04/2022 12:55

* Corus Entertainment Inc  CJRb.TO  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
February. The mean expectation of seven analysts for the quarter
was for earnings of 8 cents per share.
    * Revenue rose 0.8% to C$361.66 million from a year ago; 
analysts
expected C$364.19 million. 
    * Corus Entertainment Inc's reported EPS for the quarter was
8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.2%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Corus Entertainment Inc shares had fallen by 3.7% this
quarter and lost 0.4% so far this year.
    * The company reported quarterly net income of C$16.22
million.
    * Wall Street's median 12-month price target for Corus
Entertainment Inc is C$8.00 
    * 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." 

This summary was machine generated April 8 at 11:55 a.m.  ​All
figures in Canadian dollars unless otherwise stated