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Corus Entertainment (Thanks: CJR.B) Q2 2023 results
Key financial performance
Revenue: $343.9 million (down 4.9% from Q2 2022).
Net loss: C$15.5 million (down 195% from profit of C$16.2 million in Q2 2022).
Loss per share of C$0.08 (down from profit of C$0.078 in Q2 2022).
All data shown in the table above is for the trailing 12-month (TTM) period
Corus Entertainment Earnings Insights
Looking ahead, revenue is expected to be flat over the next 3 years, while the growth forecast for the Canadian media industry is 2.8%.
performance Canadian media industry.
The company’s shares are down 14% from a week ago.
Risk Analysis
You still need to be aware of the risks eg – Corus Entertainment 1 warning sign We think you should know.
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This article by Simply Wall St is general in nature. We use only an unbiased methodology to provide reviews based on historical data and analyst forecasts, and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your objectives or your financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no positions in any of the stocks mentioned.
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