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

Corus Entertainment Inc. (TSE:CJR) – Equities research analysts at Cormark reduced their FY2018 earnings per share estimates for Corus Entertainment in a report issued on Thursday. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $0.93 for the year, down from their previous estimate of $1.04.

A number of other research firms have also issued reports on CJR. National Bank Financial raised Corus Entertainment from a “sector perform market weight” rating to an “outperform market weight” rating in a research report on Wednesday, October 18th. Desjardins downgraded Corus Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday.

Corus Entertainment (TSE CJR) traded down C$0.05 during mid-day trading on Friday, reaching C$9.03. The company’s stock had a trading volume of 1,460,000 shares, compared to its average volume of 625,829. The firm has a market cap of $1,840.00, a price-to-earnings ratio of 9.31 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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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.

Earnings History and Estimates for Corus Entertainment (TSE:CJR)

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