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

Reservoir Media

02/08/2023 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 2 cents per share.
    * Revenue rose 31.1% to $31.84 million from a year ago;
analysts
expected $26.34 million. 
    * Reservoir Media Inc's reported EPS for the quarter was
breakeven
results​.
    * 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. 
    * Reservoir Media Inc shares had fallen by 9.0% this
quarter and
lost 8.2% so far this year.
    * The company reported quarterly net income of $277
thousand.
    * 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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.00           Beat
 Mar. 31 2023      0.06           0.04           Missed
 Dec. 31 2022      0.02           -0.07          Missed
 Sep. 30 2022      0.04           0.07           Beat