FY2019 EPS Estimates for DHX Media Ltd. Reduced by Cormark (DHX)
DHX Media Ltd. (TSE:DHX) – Equities research analysts at Cormark cut their FY2019 earnings per share estimates for shares of DHX Media in a report released on Wednesday, November 14th. Cormark analyst D. Mcfadgen now anticipates that the company will earn $0.01 per share for the year, down from their prior forecast of $0.09.
DHX Media (TSE:DHX) last announced its quarterly earnings data on Monday, September 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.03) by C($0.01). The firm had revenue of C$97.37 million for the quarter, compared to analysts’ expectations of C$121.50 million.
Shares of DHX opened at C$2.81 on Friday. DHX Media has a 1-year low of C$1.09 and a 1-year high of C$3.52. The company has a debt-to-equity ratio of 216.22, a current ratio of 1.65 and a quick ratio of 1.00.
In other news, insider David A. Regan sold 50,000 shares of the stock in a transaction dated Tuesday, October 9th. The stock was sold at an average price of C$2.07, for a total transaction of C$103,500.00. Also, Director Michael Donovan acquired 20,000 shares of the stock in a transaction dated Tuesday, October 9th. The shares were bought at an average cost of C$2.29 per share, for a total transaction of C$45,800.00. Over the last 90 days, insiders have purchased 80,500 shares of company stock valued at $155,946.
About DHX Media
DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.
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