Chicken Soup for The Soul Entertainment Inc reports results for the quarter ended in September - Earnings Summary

Reuters
2023-12-23

* Chicken Soup for The Soul Entertainment Inc reported a quarterly adjusted loss of $1.86​​ per share for the quarter ended in September, lower than the same quarter last year, when the company reported EPS of $-1.13. The mean expectation of five analysts for the quarter was for a loss of $1.17 per share. Wall Street expected results to range from $-1.24 to $-1.12 per share.

* Revenue fell 9.2% to $65.72 million from a year ago; analysts expected $102.08 million.

* Chicken Soup for The Soul Entertainment Inc's reported EPS for the quarter was a loss of $13.78​.

* The company reported a quarterly loss of $433.36 million.

* Chicken Soup for The Soul Entertainment Inc shares had fallen by 36.5% this quarter and lost 95.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the entertainment production peer group is "hold."

Wall Street's median 12-month price target for Chicken Soup for The Soul Entertainment Inc is $1.63 This summary was machine generated from LSEG data December 22 at 11:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2023 -1.17 -1.86 Missed

Jun. 30 2023 -1.72 -1.50 Beat

Mar. 31 2023 -1.69 -2.76 Missed

Dec. 31 2022 -1.21 -2.70 Missed

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