Salem Media Group Inc expected to post earnings of 19 cents a share - Earnings Preview

Salem Media

03/11/2021 13:49

* Salem Media Group Inc  SALM.OQ   SALM.O  is expected to show a
rise in quarterly revenue when it reports  results 
* The Irving, Texas-based company is expected to report  a
2.6% increase in revenue to $62.23 million from $60.64 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 earnings of 19 cents per share. For the same quarter last
year, the company reported earnings of 1 cents 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Salem Media
Group Inc is $4.38​, about 14.5% above​ its last closing price
of $3.74. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021              0.04       0.07      Beat    75
 Mar. 31 2021  -0.07       -0.10      0.00      Beat    100
 Dec. 31 2020  0.03        0.03       0.12      Beat    260​
 Sep. 30 2020  -0.01       -0.01      0.01      Beat    200
 ​​Jun.        -0.18       -0.18      -0.09     Beat    51.4
 30 2020                                                
 Mar. 31 2020  0.04        0.03       -2.06     Missed  -6,966
                                                        .7​
 Dec. 31 2019  0.01        0.01       -0.08     Missed  -1,700
 Sep. 30 2019  -0.01       -0.01      -0.75     Missed  -7,400
 This summary was machine generated November 3 at 13:48 GMT.  All
figures in US dollars unless otherwise stated