Eros International (NYSE:EROS) Posts Earnings Results, Misses Estimates By $0.24 EPS
Eros International (NYSE:EROS) released its quarterly earnings results on Monday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.24), Fidelity Earnings reports. Eros International had a positive return on equity of 2.64% and a negative net margin of 4.20%. The company had revenue of $69.75 million for the quarter.
EROS stock opened at $1.53 on Thursday. The stock has a market cap of $117.28 million, a PE ratio of 8.15 and a beta of -0.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.24 and a quick ratio of 1.24. Eros International has a one year low of $1.26 and a one year high of $13.95. The stock has a 50 day moving average price of $3.07.
Separately, Citigroup set a $74.00 price target on shares of Realty Income and gave the company a “hold” rating in a research report on Tuesday, June 11th.
Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian films in various formats worldwide. The company distributes its film content through various distribution channels, including theatrical, which includes multiplex chains and stand-alone theaters; television syndication that comprises satellite television broadcasting, cable television, and terrestrial television; and digital and ancillary, such as Internet protocol television, video on demand, music, inflight entertainment, home video, and Internet channels, as well as Eros Now online entertainment service.
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