CuriosityStream (CURI) Scheduled to Post Quarterly Earnings on Thursday

CuriosityStream (NASDAQ:CURI – Get Rating) is scheduled to be releasing its earnings data after the market closes on Thursday, May 12th. Analysts expect CuriosityStream to post earnings of ($0.35) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

CuriosityStream (NASDAQ:CURI – Get Rating) last announced its earnings results on Thursday, March 24th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.12. The business had revenue of $27.28 million for the quarter, compared to analysts’ expectations of $26.74 million. CuriosityStream had a negative return on equity of 20.79% and a negative net margin of 52.81%. On average, analysts expect CuriosityStream to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NASDAQ CURI opened at $2.26 on Thursday. The stock has a market capitalization of $119.24 million, a PE ratio of -2.40 and a beta of 0.90. The stock’s fifty day simple moving average is $2.91 and its two-hundred day simple moving average is $5.27. CuriosityStream has a 12-month low of $2.01 and a 12-month high of $15.94.

Several analysts have issued reports on CURI shares. Needham & Company LLC dropped their target price on CuriosityStream from $6.00 to $5.00 and set a “buy” rating on the stock in a research report on Friday, March 25th. Barrington Research dropped their target price on CuriosityStream from $10.00 to $7.00 in a research report on Tuesday, April 5th. Stifel Nicolaus dropped their target price on CuriosityStream from $10.00 to $4.00 and set a “hold” rating on the stock in a research report on Friday, March 25th. DA Davidson dropped their target price on CuriosityStream from $23.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday, March 25th. Finally, Zacks Investment Research lowered CuriosityStream from a “hold” rating to a “sell” rating in a report on Tuesday, March 29th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $9.38.

A number of hedge funds have recently modified their holdings of CURI. Ensign Peak Advisors Inc purchased a new position in CuriosityStream in the 4th quarter worth $42,000. Citigroup Inc. raised its stake in CuriosityStream by 101.8% in the 4th quarter. Citigroup Inc. now owns 7,163 shares of the company’s stock worth $42,000 after acquiring an additional 3,613 shares during the last quarter. Parametric Portfolio Associates LLC purchased a new position in CuriosityStream in the 4th quarter worth $60,000. Invesco Ltd. purchased a new position in CuriosityStream in the 3rd quarter worth $116,000. Finally, LPL Financial LLC purchased a new position in CuriosityStream in the 3rd quarter worth $123,000. Institutional investors own 20.39% of the company’s stock.

About CuriosityStream (Get Rating)

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via the distributor's platform or system; and through bundled content licenses for SVoD and linear offerings, partner bulk sales, brand partnerships, and content sales.

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