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Corus Brief: Keeps Underperform Rating, But Target Raised To C$0.01 From $0.25 at National Bk As Q3 Misses Street, Q4 Outlook Weak; Notes More Job Cuts, Covenant Amendments/Relief Being Pursued MT
TSX up 133 Points at Midday With Energy The Biggest Gainer MT
Corus Entertainment Brief: National Bank Notes "Weak" Q3 Misses Consensus, $960 Million TV Impairment, Q4 TV Ad Sales Soft; Adds "Much Work Ahead" MT
Corus Entertainment Down 30% To Near 52 Week Lows As Q3 Loss Widens on Lower Revenues, Issues Warning for Q4 Revenue MT
Transcript : Corus Entertainment Inc., Q3 2024 Earnings Call, Jul 15, 2024
Corus Entertainment Q3 Loss Widens on Lower Revenues, Issues Warning for Q4 Revenue MT
Corus Entertainment Brief: Consolidated revenue decreased 16% for Q3 MT
Corus Entertainment Brief: Net loss attributable to shareholders of $769.9 million ($3.86 loss per share basic) for Q3 MT
Corus Entertainment Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2024 CI
Corus Downgraded by S&P on Loss of Warner Bros. Discovery Content MT
Corus Entertainment's President, CEO Doug Murphy to Retire Early; Troy Reeb, John Gossling Named Co-CEOs; Rating Maintained by National Bank MT
Corus Entertainment's President, CEO Doug Murphy to Retire Early; Troy Reeb, John Gossling Named Co-CEOs MT
Corus Entertainment Brief: Doug Murphy, President and CEO of Corus Entertainment To take an early retirement after over 30 years in broadcasting and media, and 21 years with the Company MT
Corus Entertainment Inc. Announces Executive Changes CI
Corus Entertainment Inc. Announces Chief Executive Officer Changes CI
Corus Entertainment Price Target Lowered to $0.35 at TD MT
Rogers, BCE, Outperform Ratings and Price Targets Maintained by National Bank MT
Corus Entertainment Downgraded to Underperformer at CIBC MT
Corus Entertainment Price Target Lowered to $0.50 at RBC MT
CRTC Imposes "Disproportionately Small" 5% Contribution Obligation on Foreign Streamers, Notes National Bank MT
Corus Entertainment Downgraded to Hold at TD, Shares Fall 8% MT
Corus Entertainment Price Target Lowered to $1.25 at RBC MT
National Bank Downgrades Corus Entertainment to Underperform, Cuts Target to $0.40, on Q3 Outlook MT
Toronto Stocks Edge Lower, MTY Food Shares Fall as 1Q Profit Decline Misses Views DJ
Corus Entertainment Falls 20% as it Meets Fiscal Q2 Forecasts But Sees Drop in FQ3 TV Advertising Revenues MT
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Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
8
Last Close Price
0.155 CAD
Average target price
0.3283 CAD
Spread / Average Target
+111.83%
Consensus
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