Reservoir Media Inc expected to post earnings of 4cents a share - Earnings Preview

Reservoir Media

04/11/2022 19:41

* Reservoir Media Inc  RSVR.OQ   RSVR.O  is expected to show
a
fall in quarterly revenue when it reports  results on November
8. 
    * The New York City-based  company is expected to report  a
2.1% decrease in revenue to $29.782 million from $30.44 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Reservoir Media Inc
is
for earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $5.53. ​​​

This summary was machine generated November 4 at 19:40 GMT.  All
figures in US dollars  unless otherwise stated