Salem Media Group Inc expected to post a loss of 10  cents a share - Earnings Preview

Salem Media

04/05/2021 23:05

* Salem Media Group Inc  SALM.OQ   SALM.O  is expected to show
a fall in quarterly revenue when it reports results on May 6.
* The Camarillo, California-based company is expected to report 
 a 1.1% decrease in revenue to $57.615 million from $58.25
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data.
​* Refinitiv's mean analyst estimate for Salem Media Group Inc
is for a loss of 10 cents per share. For the same quarter last
year, the company reported a loss of $2.06 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 4.8% in the last three months. ​
* Wall Street's median 12-month price target for Salem Media
Group Inc is $4.13​, about 52.7% above​ its last closing price
of $1.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.03        0.03       0.12      Beat    260
 Sep. 30 2020  -0.01       -0.01      0.01      Beat    200
 Jun. 30 2020  -0.18       -0.18      -0.09     Beat    51.4​
 Mar. 31 2020  0.04        0.03       -2.06     Missed  -6,966
                                                        .7
 Dec.          0.01​       0.01       -0.08     Missed  -1,700
 31​ 2019​                                              ​
 Sep. 30 2019  -0.01       -0.01      -0.75     Missed  -7,400
                                                        ​
 Jun. 30 2019  0.06        0.06       -0.14     Missed  -333.3
 Mar. 31 2019  -0.08       -0.08      0.01      Beat    112.5
 This summary was machine generated May 4 at 22:05 GMT.  All
figures in US dollars unless otherwise stated