Corus Entertainment (CJR) Upgraded to “Sector Perform Market Weight” at National Bank Financial

Corus Entertainment (TSE:CJR) was upgraded by stock analysts at National Bank Financial from an “underperform market weight” rating to a “sector perform market weight” rating in a research note issued to investors on Wednesday. National Bank Financial also issued estimates for Corus Entertainment’s FY2018 earnings at $1.11 EPS and FY2019 earnings at $0.97 EPS.

Corus Entertainment opened at C$7.20 on Wednesday, according to Marketbeat. 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 released its quarterly earnings data on Thursday, April 5th. The company reported C$0.20 earnings per share for the quarter. Corus Entertainment had a net margin of 18.59% and a return on equity of 12.70%. The firm had revenue of C$369.47 million for the quarter, compared to the consensus estimate of C$361.00 million.

Corus Entertainment Company Profile

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.

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