Corus Entertainment Inc. Forecasted to Post FY2019 Earnings of $0.79 Per Share (CJR)

Corus Entertainment Inc. (TSE:CJR) – Analysts at Cormark lowered their FY2019 EPS estimates for shares of Corus Entertainment in a research note issued on Thursday. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $0.79 for the year, down from their previous estimate of $1.02.

CJR has been the topic of a number of other reports. National Bank Financial raised shares of Corus Entertainment from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Wednesday, October 18th. Desjardins downgraded shares of Corus Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th.

Shares of Corus Entertainment (TSE CJR) traded down C$0.05 during trading on Monday, reaching C$8.95. 453,505 shares of the company’s stock were exchanged, compared to its average volume of 685,915. The firm has a market capitalization of $1,820.00, a P/E ratio of 9.23 and a beta of 0.26. Corus Entertainment has a 12-month low of C$8.73 and a 12-month high of C$14.10.

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Corus Entertainment Company Profile

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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