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

Salem Media

05/08/2021 24:48

* Salem Media Group Inc  SALM.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 4 cents per share.
* Revenue rose 20.6% to $63.78 million from a year ago; 
analysts expected $60.50 million. 
* The mean earnings estimate of analysts had risen by about 60%
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 fallen by 16.9% this
quarter and gained 103.8% so far this year.
* Wall Street's median 12-month price target for Salem Media
Group Inc is $4.13 
* 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." 
This summary was machine generated August 4 at 11:48 p.m.  ​All
figures in US dollars unless otherwise stated