CuriosityStream Inc reports results for the quarter ended in January 1 - Earnings Summary

CuriosityStream

07/11/2024 14:18

* CuriosityStream Inc  CURI.OQ  reported a quarterly
adjusted loss
of 6 cents​​ per share for the quarter ended January 1, higher
than the same quarter last year, when the company reported EPS
of -50 cents.  The mean expectation of three analysts for the
quarter was for a loss of 3 cents per share. Wall Street
expected results to range from -7 cents to -1 cents per share.
    * Revenue fell 19.4% to $12.60 million from a year ago;
analysts
expected $13.68 million. 
    * CuriosityStream Inc's reported EPS for the quarter was a
loss
of 6 cents​.
    * The company reported a quarterly loss of $3.06 million.
    * CuriosityStream Inc shares had risen by 37.7% this
quarter and
gained 386.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for CuriosityStream
Inc is 2.55 
This summary was machine generated from LSEG data November 7 at
02:17 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.03          -0.06          Missed
 Jun. 30 2024      -0.05          -0.04          Beat
 Mar. 31 2024      -0.06          -0.09          Missed
 Dec. 31 2023      -0.15          -0.09          Beat