Salem Media Group Inc reports results for the quarter ended in December - Earnings Summary

Salem Media

03/03/2022 23:37

* Salem Media Group Inc  SALM.OQ  reported quarterly
adjusted
earnings of 61 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 6 cents per share.
    * Revenue rose 7.2% to $69.13 million from a year ago; 
analysts
expected $66.59 million. 
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Salem Media Group Inc shares had risen by 22.2% this
quarter.
    * Wall Street's median 12-month price target for Salem Media
Group
Inc is $5.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 3 at 11:36 p.m.  ​All
figures in US dollars unless otherwise stated