Research Analysts Offer Predictions for Corus Entertainment Inc.’s FY2018 Earnings (CJR)

Corus Entertainment Inc. (TSE:CJR) – Investment analysts at National Bank Financial lowered their FY2018 earnings per share (EPS) estimates for Corus Entertainment in a research report issued to clients and investors on Wednesday. National Bank Financial analyst A. Shine now anticipates that the company will earn $0.98 per share for the year, down from their prior estimate of $1.10. National Bank Financial has a “Sector Perform Market Weight” rating on the stock. National Bank Financial also issued estimates for Corus Entertainment’s FY2019 earnings at $0.99 EPS.

Separately, Desjardins lowered Corus Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday.

Corus Entertainment (TSE CJR) traded down C$0.08 during trading hours on Friday, reaching C$9.00. The company had a trading volume of 2,080,000 shares, compared to its average volume of 625,829. The stock has a market capitalization of $1,830.00, a price-to-earnings ratio of 9.28 and a beta of 0.26. Corus Entertainment has a 52-week low of C$8.73 and a 52-week high of C$14.10.

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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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