FY2019 EPS Estimates for Corus Entertainment Inc. (CJR) Cut by Analyst

Corus Entertainment Inc. (TSE:CJR) – Equities researchers at Desjardins lowered their FY2019 EPS estimates for Corus Entertainment in a report issued on Wednesday. Desjardins analyst M. Yaghi now expects that the company will post earnings of $1.02 per share for the year, down from their prior estimate of $1.20. Desjardins currently has a “Hold” rating on the stock.

Separately, National Bank Financial downgraded shares of Corus Entertainment from an “outperform market weight” rating to a “sector perform market weight” rating in a report on Wednesday.

Shares of Corus Entertainment (CJR) traded down C$0.08 during trading hours on Friday, reaching C$9.00. 2,080,000 shares of the company’s stock traded hands, compared to its average volume of 625,829. Corus Entertainment has a 1 year low of C$8.73 and a 1 year high of C$14.10. The company has a market cap of $1,830.00, a P/E ratio of 9.28 and a beta of 0.26.

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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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