Cormark Forecasts Weaker Earnings for Corus Entertainment

Corus Entertainment (TSE:CJR) – Investment analysts at Cormark dropped their FY2025 earnings per share estimates for Corus Entertainment in a research note issued to investors 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 12-month low of C$6.93 and a 12-month high of C$14.10.

Corus Entertainment (TSE:CJR) last posted its earnings results on Friday, October 25th. The company reported C($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.07) by C$0.05. The business had revenue of C$269.35 million during the quarter, compared to the consensus estimate of C$272.60 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.