Reservoir Media Inc reports results for the quarter ended June 30 - Earnings Summary

Reservoir Media

06/08/2025 05:35

Reservoir Media Inc RSVR.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, identical to the same quarter last year.  The mean expectation of two analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 1 cents per share.

Revenue rose 8.3% to $37.16 million from a year ago; analysts expected $36.41 million.

Reservoir Media Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $556 thousand.

Reservoir Media Inc shares had risen by 1.8% this quarter and lost 13.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 50% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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." The average consensus recommendation for the entertainment production peer group is also "buy"

Wall Street's median 12-month price target for Reservoir Media Inc is $13.25, about 43.2% above its last closing price of $7.53

This summary was machine generated from LSEG data August 6 at 04:35 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.01
-0.01
Missed
Mar. 31 2025
0.04
0.04
Met
Dec. 31 2024
0.02
0.08
Beat
Sep. 30 2024
0.03
0.00
Missed