Reservoir Media Inc reports results for the quarter ended December 31 - Earnings Summary

Reservoir Media

05/02/2025 14:31

* Reservoir Media Inc  RSVR.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of -5 cents.  The mean expectation of
three analysts for the quarter was for earnings of 2 cents per
share. Wall Street expected results to range from 1 cents to 3
cents per share.
    * Revenue rose 19.2% to $42.30 million from a year ago;
analysts
expected $36.61 million. 
    * Reservoir Media Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $5.24
million.
    * Reservoir Media Inc shares had fallen by 10.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the entertainment
production peer group is also "buy"

Wall Street's median 12-month price target for Reservoir Media
Inc is $13.00 
This summary was machine generated from LSEG data February 5 at
02:31 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
 Dec. 31 2024      0.02           0.08           Beat
 Sep. 30 2024      0.03           0.00           Missed
 Jun. 30 2024      0.03           -0.01          Missed
 Mar. 31 2024      0.01           0.04           Beat