Reservoir Media Inc reports results for the quarter ended June 30 - Earnings Summary
Reservoir Media Inc reports results for the quarter ended June 30 - Earnings Summary
Reservoir Media Inc RSVR.OQ reported quarterly breakeven results per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share.
Revenue rose 11.6% to $41.48 million from a year ago; analysts expected $41.46 million.
Reservoir Media Inc's reported EPS for the quarter was breakeven results.
The company reported a quarterly loss of $93.11 thousand.
Reservoir Media Inc shares had risen by 2.8% this quarter and gained 34.3% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "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 $13.00, about 21.8% above its last closing price of $10.17
This summary was machine generated from LSEG data August 4 at 01:32 p.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 2026 | -0.01 | 0.00 | Beat |
Mar. 31 2026 | 0.04 | 0.07 | Beat |
Dec. 31 2025 | 0.02 | 0.03 | Beat |
Sep. 30 2025 | 0.04 | 0.03 | Missed |
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NASDAQ RESUMED AT 09:41 AM