Reservoir Media Inc expected to post a loss of 1 cent a share - Earnings Preview

Reservoir Media

05/02/2024 15:59

* Reservoir Media Inc  RSVR.OQ   RSVR.O  is expected to show
a
fall in quarterly revenue when it reports  results on February 7
for the period ending December 31 2023
    * The New York City-based  company is expected to report a
0.2% decrease in revenue to $29.858 million from $29.93 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Reservoir Media Inc is
for a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Reservoir
Media
Inc is $13.00​, above​ its last closing price of $6.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.02        0.02       0.05      Beat    199.9
 Jun. 30 2023  -0.02       -0.02      0.00      Beat    100
 Mar. 31 2023  0.06        0.06       0.04      Missed  -33.3​
 Dec. 31 2022  0.03        0.02       -0.07     Missed  -400
 ​​Sep.        0.03        0.04       0.07      Beat    75
 30 2022                                                
 Jun. 30 2022  -0.05       -0.05      0.00      Beat    100​
 Mar. 31 2022  0.05        0.09       0.14      Beat    61.5
 Dec. 31 2021  0.02        0.03       0.03      Met     -10
 This summary was machine generated February 5 at 15:58 GMT.  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)