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

Salem Media

08/03/2023 22:50

* Salem Media Group Inc  SALM.OQ  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was for a
loss of 3 cents per share.
    * Revenue fell 0.5% to $68.81 million from a year ago;
analysts
expected $66.67 million. 
    * Salem Media Group Inc's reported EPS for the quarter was a
loss
of 8 cents​.
    * 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. 
    * Salem Media Group Inc shares had risen by 36.2% this
quarter.
    * The company reported a quarterly loss of $2.21 million.
    * Wall Street's median 12-month price target for Salem Media
Group
Inc is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 8 at 10:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.03          -0.08          Missed
 Sep. 30 2022      0.07           -0.44          Missed
 Jun. 30 2022      0.04           0.33           Beat
 Mar. 31 2022      0.03           0.06           Beat