Central European Media Enterprises (CETV) Issues Quarterly Earnings Results, Misses Expectations By $0.19 EPS

Central European Media Enterprises (NASDAQ:CETV) issued its earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.19), Yahoo Finance reports. Central European Media Enterprises had a net margin of 4.70% and a negative return on equity of 42.57%.

Shares of Central European Media Enterprises (CETV) traded down $0.05 on Friday, reaching $4.65. The company had a trading volume of 16,067 shares, compared to its average volume of 176,740. The company has a market cap of $674.08, a P/E ratio of -156.61 and a beta of 0.97. Central European Media Enterprises has a 52 week low of $2.70 and a 52 week high of $5.20. The company has a debt-to-equity ratio of -17.99, a current ratio of 1.96 and a quick ratio of 1.96.

Several brokerages recently issued reports on CETV. BidaskClub raised Central European Media Enterprises from a “strong sell” rating to a “sell” rating in a research note on Monday. ValuEngine downgraded Central European Media Enterprises from a “hold” rating to a “sell” rating in a research note on Friday, December 1st.

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Central European Media Enterprises Company Profile

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

Earnings History for Central European Media Enterprises (NASDAQ:CETV)

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