Reservoir Media Inc expected to post earnings of 6  cents a share - Earnings Preview

Reservoir Media

31/05/2023 11:01

* Reservoir Media Inc  RSVR.OQ   RSVR.O  is expected to show
a
fall in quarterly revenue when it reports  results on May 31. 
    * The New York City-based  company is expected to report  a
3.9% decrease in revenue to $33.753 million from $35.12 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 earnings of 6 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 $6.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.05        0.09       0.14      Beat    61.5
 ​​Dec.        0.02        0.03       0.03      Met     -10
 31 2021                                                
 Sep. 30 2021  0.14        0.14       0.08      Missed  -40.7​
 This summary was machine generated May 31 at 10:00 GMT.  All
figures in US dollars  unless otherwise stated