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

Reservoir Media

21/06/2022 14:31

* Reservoir Media Inc  RSVR.OQ  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue was $35.12 million​;  analysts expected $29.98
million. 
    * Reservoir Media Inc's reported EPS for the quarter was 14
cents​.
    * 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 33.3% this
quarter and
lost 17.1% so far this year.
    * The company reported quarterly net income of $8.9 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 June 21 at 01:30 p.m.  ​All
figures in US dollars unless otherwise stated