FY2024 EPS Estimates for Corus Entertainment (TSE:CJR) Cut by Analyst

Corus Entertainment (TSE:CJR) – Equities researchers at National Bank Financial cut their FY2024 earnings estimates for shares of Corus Entertainment in a research note issued to investors on Monday, July 15th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of ($0.03) per share for the year, down from their previous estimate of $0.09. National Bank Financial currently has a “Underperform Overweight” rating on the stock. National Bank Financial also issued estimates for Corus Entertainment’s Q4 2024 earnings at ($0.11) EPS, FY2025 earnings at ($0.16) EPS and FY2026 earnings at ($0.20) EPS.

Corus Entertainment (TSE:CJR) last posted its earnings results on Monday, July 15th. The company reported C($0.10) earnings per share for the quarter. The business had revenue of C$331.80 million during the quarter, compared to the consensus estimate of C$334.80 million.

Other research analysts have also recently issued reports about the stock. Scotiabank cut shares of Corus Entertainment from a “hold” rating to a “strong sell” rating in a research note on Monday, June 10th. TD Securities lowered Corus Entertainment from a “hold” rating to a “strong sell” rating in a research note on Tuesday.

Corus Entertainment Price Performance

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

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.