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

Salem Media

07/05/2021 14:29

* Salem Media Group Inc  SALM.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 10
cents per share.
* Revenue rose 1.9% to $59.35 million from a year ago​; 
analysts expected $57.62 million.
* Salem Media Group Inc's reported EPS for the quarter was 1
cent​.
* The mean earnings estimate of analysts had risen by about 25%
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 34.7% this
quarter and gained 84.6% so far this year.
* The company reported quarterly net income of $323 thousand.
* 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 May 7 at 01:29 p.m. GMT. ​All
figures in US Dollars.​