Reservoir Media Inc reports results for the quarter ended March 31 - Earnings Summary
Reservoir Media Inc reports results for the quarter ended March 31 - Earnings Summary
Reservoir Media Inc RSVR.OQ reported quarterly adjusted earnings of 7 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of two analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 4 cents to 5 cents per share.
Revenue rose 14.7% to $47.50 million from a year ago; analysts expected $44.47 million.
Reservoir Media Inc's reported EPS for the quarter was 7 cents.
The company reported quarterly net income of $4.4 million.
Reservoir Media Inc shares had risen by 6.2% this quarter and gained 37.4% 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 21.9% above its last closing price of $10.15
This summary was machine generated from LSEG data May 28 at 11:36 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 |
Mar. 31 2026 | 0.04 | 0.07 | Beat |
Dec. 31 2025 | 0.02 | 0.03 | Beat |
Sep. 30 2025 | 0.04 | 0.03 | Missed |
Jun. 30 2025 | 0.01 | -0.01 | Missed |