Corus Entertainment Inc. Forecasted to Earn FY2019 Earnings of $1.02 Per Share (CJR)

Corus Entertainment Inc. (TSE:CJR) – Equities research analysts at Desjardins decreased their FY2019 earnings per share estimates for shares of Corus Entertainment in a note issued to investors 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 previous estimate of $1.20. Desjardins currently 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.

Shares of Corus Entertainment (TSE CJR) traded down C$0.08 during trading hours on Friday, hitting C$9.00. The stock had a trading volume of 2,080,000 shares, compared to its average volume of 625,829. The stock has a market cap of $1,830.00, a price-to-earnings ratio of 9.28 and a beta of 0.26. Corus Entertainment has a fifty-two week low of C$8.73 and a fifty-two 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.

Earnings History and Estimates for Corus Entertainment (TSE:CJR)

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