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.
TRADEMARK VIOLATION NOTICE: “FY2019 EPS Estimates for Corus Entertainment Inc. (CJR) Cut by Analyst” was originally published by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this piece on another site, it was illegally stolen and reposted in violation of international copyright and trademark law. The legal version of this piece can be viewed at https://transcriptdaily.com/2018/01/13/fy2019-eps-estimates-for-corus-entertainment-inc-cjr-cut-by-analyst.html.
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.
Receive News & Ratings for Corus Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corus Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.