Tue. Dec 6th, 2022

Corus Entertainment (TSE:CJR.B) Full Year 2022 Results

Key Financial Results

  • Revenue: CA$1.60b (up 3.6% from FY 2021).
  • Net loss: CA$245.1m (down by 242% from CA$172.6m profit in FY 2021).
  • CA$1.21 loss per share (down from CA$0.83 profit in FY 2021).
earnings-and-revenue-history
TSX:CJR.B Earnings and Revenue History October 22nd 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Corus Entertainment EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 2.4% growth forecast for the Media industry in Canada.

Performance of the Canadian Media industry.

The company’s shares are down 4.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Corus Entertainment that you need to take into consideration.

Valuation is complex, but we’re helping make it simple.

Find out whether Corus Entertainment is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



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