Reservoir Media Inc expected to post a loss of 2 cents a share - Earnings Preview

Reservoir Media

31/07/2023 19:31

* Reservoir Media Inc  RSVR.OQ   RSVR.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 2. 
    * The New York City-based  company is expected to report  a
8.5% increase in revenue to $26.343 million from $24.28 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Reservoir Media Inc
is
for a loss of 2 cents 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​, above​ its last closing price of $5.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.06        0.06       0.04      Missed  -33.3
 Dec. 31 2023  0.03        0.02       -0.07     Missed  -400
 Sep. 30 2022  0.03        0.04       0.07      Beat    75​
 Jun. 30 2022  -0.05       -0.05      0.00      Beat    100
 ​​Mar.        0.05        0.09       0.14      Beat    61.5
 31 2022                                                
 Dec. 31 2021  0.02        0.03       0.03      Met     -10​
 Sep. 30 2021  0.14        0.14       0.08      Missed  -40.7
 This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated