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

Reservoir Media

05/08/2022 14:33

* Reservoir Media Inc  RSVR.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue was $24.28 million​; analysts expected $18.19
million. 
    * Reservoir Media Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 100%
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 2.1% this
quarter and
lost 19.3% so far this year.
    * The company reported quarterly net income of $76.04
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 from Refinitiv data August 5
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.05          0.00           Beat
 Mar. 31 2022      0.09           0.14           Beat
 Dec. 31 2021      0.03           0.03           Met
 Sep. 30 2021      0.14           0.08           Missed