FY2018 Earnings Estimate for Corus Entertainment (CJR) Issued By National Bank Financial

Corus Entertainment (TSE:CJR) – Equities researchers at National Bank Financial raised their FY2018 earnings per share estimates for Corus Entertainment in a note issued to investors on Thursday, April 5th. National Bank Financial analyst A. Shine now anticipates that the company will earn $1.05 per share for the year, up from their previous forecast of $0.98. National Bank Financial currently has a “Underperform Market Weight” rating on the stock.

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Separately, Desjardins lowered Corus Entertainment from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th.

Shares of TSE:CJR opened at C$7.20 on Monday. Corus Entertainment has a 1 year low of C$6.93 and a 1 year high of C$14.10.

Corus Entertainment (TSE:CJR) last announced its earnings results on Wednesday, January 10th. The company reported C$0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. The business had revenue of C$457.39 million for the quarter, compared to analysts’ expectations of C$466.40 million.

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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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