Reservoir Media Inc RSVR.OQ RSVR.O is expected to show a fall in quarterly revenue when it reports results on February 7 for the period ending December 31 2023
The New York City-based company is expected to report a 0.2% decrease in revenue to $29.858 million from $29.93 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Reservoir Media Inc is for a loss of 1 cent per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," "hold" and "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Reservoir Media Inc is $13.00, above its last closing price of $6.90.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Sep. 30 2023 |
0.02 |
0.02 |
0.05 |
Beat |
199.9 |
Jun. 30 2023 |
-0.02 |
-0.02 |
0.00 |
Beat |
100 |
Mar. 31 2023 |
0.06 |
0.06 |
0.04 |
Missed |
-33.3 |
Dec. 31 2022 |
0.03 |
0.02 |
-0.07 |
Missed |
-400 |
Sep. 30 2022 |
0.03 |
0.04 |
0.07 |
Beat |
75 |
Jun. 30 2022 |
-0.05 |
-0.05 |
0.00 |
Beat |
100 |
Mar. 31 2022 |
0.05 |
0.09 |
0.14 |
Beat |
61.5 |
Dec. 31 2021 |
0.02 |
0.03 |
0.03 |
Met |
-10 |
This summary was machine generated February 5 at 15:58 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)