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Stock impact report

Reservoir Media, Inc. (NASDAQ:RSVR) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]

Reservoir Media, Inc.. (RSVR) 
Company Research Source: Yahoo! Finance
Revenues of US$41m beat analyst forecasts by5.9%, while the business broke even in terms of statutory earnings per share (EPS). Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. View our latest analysis for Reservoir Media Following last week's earnings report, Reservoir Media's dual analysts are forecasting 2025 revenues to be US$152.2m, approximately in line with the last 12 months. Reservoir Media is also expected to turn profitable, with statutory earnings of US$0.06 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$151.5m and earnings per share (EPS) of US$0.093 in 2025. The analysts seem to have become more bearish following the latest results. While there we Show less Read more
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