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

Reservoir Media

09/11/2021 14:32

* Reservoir Media Inc  RSVR.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 14 cents per share.
* Revenue was $30.44 million​;  analysts expected $31.75
million. 
* Reservoir Media Inc's reported EPS for the quarter was 8
cents​.
* The mean earnings estimate of analysts had risen by
about 68.8% 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 risen by 8.7% this quarter.
* The company reported quarterly net income of $4.56 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 November 9 at 02:32 p.m.
 ​All figures in US dollars unless otherwise stated