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

Salem Media

03/11/2022 21:43

* Salem Media Group Inc  SALM.OQ  reported a quarterly
adjusted
loss of 44 cents​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue rose 1.3% to $66.86 million from a year ago;
analysts
expected $68.32 million. 
    * Salem Media Group Inc's reported EPS for the quarter was a
loss
of 44 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
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 12.6% this
quarter and
lost 35.9% so far this year.
    * The company reported a quarterly loss of $11.89 million.
    * Wall Street's median 12-month price target for Salem Media
Group
Inc is $5.63 
    * 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 Refinitiv data November
3 at 09:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.06           0.61           Beat