Cormark Issues Pessimistic Forecast for TSE:CJR Earnings

Corus Entertainment (TSE:CJR) – Equities research analysts at Cormark dropped their FY2025 earnings per share estimates for shares of Corus Entertainment in a research note issued on Tuesday, October 29th. Cormark analyst D. Mcfadgen now anticipates that the company will earn ($0.29) per share for the year, down from their previous forecast of ($0.02). Cormark also issued estimates for Corus Entertainment’s FY2026 earnings at ($0.45) EPS.

Separately, TD Securities downgraded shares of Corus Entertainment from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 16th.

Corus Entertainment Price Performance

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 earnings results on Friday, October 25th. The company reported C($0.02) EPS for the quarter, topping analysts’ consensus estimates of C($0.07) by C$0.05. The company had revenue of C$269.35 million during the quarter, compared to analysts’ expectations of C$272.60 million.

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.