Eros International plc (EROS) Receives Coverage Optimism Rating of -0.12
Media coverage about Eros International plc (NYSE:EROS) has been trending somewhat negative on Sunday, according to AlphaOne. The research firm, a service of Accern, ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Eros International plc earned a media sentiment score of -0.12 on AlphaOne’s scale. AlphaOne also gave news coverage about the company an impact score of 78 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted AlphaOne’s rankings:
- $60.1 Million in Sales Expected for Eros International plc (EROS) This Quarter (americanbankingnews.com)
- Back from the brink, Eros tries new strategy, downplays crisis (livemint.com)
- Eros International plc (EROS) Given News Impact Score of -0.12 (americanbankingnews.com)
- Short-Seller Target Eros Sees Bollywood Streaming Unit Doubling – Bloomberg (bloomberg.com)
- Eros International PLC (EROS) Needle Moving on Volume – The Herald (hiramherald.com)
Eros International plc (NYSE:EROS) traded down 1.03% during midday trading on Friday, reaching $9.65. 252,630 shares of the company were exchanged. The company has a 50-day moving average of $10.40 and a 200 day moving average of $13.30. Eros International plc has a 52 week low of $8.65 and a 52 week high of $19.87. The firm has a market capitalization of $583.49 million, a PE ratio of 108.43 and a beta of 0.60.
Eros International plc (NYSE:EROS) last announced its quarterly earnings data on Tuesday, February 21st. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. The business earned $57.30 million during the quarter, compared to the consensus estimate of $80.75 million. Eros International plc had a negative return on equity of 0.70% and a negative net margin of 2.13%. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.07) earnings per share. Equities analysts predict that Eros International plc will post $0.17 earnings per share for the current year.
Separately, Zacks Investment Research upgraded shares of Eros International plc from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Thursday, February 23rd.
About Eros International plc
Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.
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