Cormark Weighs in on Corus Entertainment’s FY2022 Earnings (TSE:CJR)

Corus Entertainment (TSE:CJRGet Rating) – Equities research analysts at Cormark dropped their FY2022 EPS estimates for shares of Corus Entertainment in a report issued on Monday, April 11th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $0.84 per share for the year, down from their prior forecast of $0.85. Cormark also issued estimates for Corus Entertainment’s FY2023 earnings at $0.86 EPS.

Corus Entertainment (TSE:CJRGet Rating) last posted its earnings results on Thursday, January 13th. The company reported C$0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.33 by C$0.03. The company had revenue of C$463.87 million during the quarter, compared to analyst estimates of C$452.10 million.

Corus Entertainment has a 12 month low of C$6.93 and a 12 month high of C$14.10.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, June 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of ∞.

Corus Entertainment Company Profile (Get Rating)

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.

Further Reading

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

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