$0.06 Earnings Per Share Expected for Chicken Soup for The Soul Entrtnmnt Inc (CSSE) This Quarter

Wall Street brokerages expect Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) to announce earnings of $0.06 per share for the current quarter, Zacks reports. Two analysts have made estimates for Chicken Soup for The Soul Entrtnmnt’s earnings. The highest EPS estimate is $0.06 and the lowest is $0.05. The business is scheduled to report its next quarterly earnings report on Tuesday, November 13th.

According to Zacks, analysts expect that Chicken Soup for The Soul Entrtnmnt will report full year earnings of $0.48 per share for the current year, with EPS estimates ranging from $0.40 to $0.55. For the next financial year, analysts forecast that the company will post earnings of $0.68 per share, with EPS estimates ranging from $0.62 to $0.73. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Chicken Soup for The Soul Entrtnmnt.

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last announced its quarterly earnings results on Tuesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.06. Chicken Soup for The Soul Entrtnmnt had a return on equity of 15.98% and a net margin of 124.22%. The company had revenue of $2.94 million during the quarter, compared to the consensus estimate of $3.30 million.

A number of research analysts have issued reports on the company. Northland Securities reissued a “buy” rating and issued a $15.00 price target on shares of Chicken Soup for The Soul Entrtnmnt in a report on Wednesday, August 1st. ValuEngine raised Chicken Soup for The Soul Entrtnmnt from a “sell” rating to a “hold” rating in a report on Saturday, September 1st.

Shares of NASDAQ:CSSE opened at $9.93 on Tuesday. Chicken Soup for The Soul Entrtnmnt has a 12-month low of $6.19 and a 12-month high of $11.41. The company has a market capitalization of $37.99 million, a price-to-earnings ratio of 12.11 and a beta of 2.50.

A hedge fund recently bought a new stake in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP bought a new position in shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 150,000 shares of the company’s stock, valued at approximately $1,437,000. Royce & Associates LP owned 3.99% of Chicken Soup for The Soul Entrtnmnt at the end of the most recent reporting period. Institutional investors own 15.23% of the company’s stock.

About Chicken Soup for The Soul Entrtnmnt

Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.

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