Corus Entertainment Inc. (TSE:CJR) – Equities researchers at Cormark dropped their FY2019 EPS estimates for Corus Entertainment in a note issued to investors on Thursday. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $0.79 for the year, down from their previous forecast of $1.02.

Corus Entertainment (TSE:CJR) last posted its quarterly earnings data on Wednesday, January 10th. The company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.43 by C($0.05). Corus Entertainment had a net margin of 18.59% and a return on equity of 12.70%.

Several other research firms also recently commented on CJR. National Bank Financial upgraded Corus Entertainment from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Wednesday, October 18th. Desjardins downgraded Corus Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th.

Corus Entertainment (TSE CJR) traded down C$0.15 during trading on Monday, reaching C$8.32. The company had a trading volume of 1,260,000 shares, compared to its average volume of 743,316. Corus Entertainment has a fifty-two week low of C$8.18 and a fifty-two week high of C$14.10. The stock has a market capitalization of $1,690.00, a P/E ratio of 8.58 and a beta of 0.26.

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About Corus Entertainment

Corus Entertainment Inc is a media and content company. The Company creates and delivers quality brands and content across platforms for audiences around the world. The Company’s portfolio of multimedia offerings encompasses 45 specialty television services, 39 radio stations, 15 conventional television stations, a global content business, digital assets, live events, children’s book publishing, animation software, technology and media services.

Earnings History and Estimates for Corus Entertainment (TSE:CJR)

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