FY2018 Earnings Estimate for Corus Entertainment Inc. Issued By Desjardins (CJR)
Corus Entertainment Inc. (TSE:CJR) – Equities research analysts at Desjardins cut their FY2018 EPS estimates for Corus Entertainment in a report released on Wednesday. Desjardins analyst M. Yaghi now anticipates that the company will earn $1.02 per share for the year, down from their prior estimate of $1.11. Desjardins has a “Hold” rating on the stock.
Separately, National Bank Financial raised Corus Entertainment from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Wednesday, October 18th.
Corus Entertainment (CJR) traded down C$0.07 during mid-day trading on Thursday, reaching C$9.01. The company’s stock had a trading volume of 1,690,000 shares, compared to its average volume of 625,829. The company has a market capitalization of $1,830.00, a price-to-earnings ratio of 9.29 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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About Corus Entertainment
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.
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