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

Salem Media

04/11/2021 22:02

* Salem Media Group Inc  SALM.OQ  reported quarterly adjusted
earnings of 81 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 19 cents per share.
* Revenue rose 8.8% to $65.98 million from a year ago;  analysts
expected $62.23 million. 
* Salem Media Group Inc's reported EPS for the quarter was 81
cents​.
* The mean earnings estimate of analysts had fallen by
about 5.1% 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 1.6% this
quarter and gained 262.5% so far this year.
* The company reported quarterly net income of $22.09 million.
* Wall Street's median 12-month price target for Salem Media
Group Inc is $4.38 
* 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 November 4 at 10:01 p.m.
 ​All figures in US dollars unless otherwise stated