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

Reservoir Media

08/02/2022 14:31

* Reservoir Media Inc  RSVR.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue was $27.13 million​;  analysts expected $20.60
million. 
    * Reservoir Media Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Reservoir Media Inc shares had fallen by 22.6% this
quarter.
    * The company reported quarterly net income of $2.15
million.
    * Wall Street's median 12-month price target for Reservoir
Media
Inc is $13.00 
    * 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." 

This summary was machine generated February 8 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated