CuriosityStream (CURI) Scheduled to Post Earnings on Tuesday

CuriosityStream (NASDAQ:CURI) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. CuriosityStream has set its Q1 2024 guidance at EPS.

CuriosityStream (NASDAQ:CURI) last announced its earnings results on Wednesday, March 20th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.08. The company had revenue of $14.78 million for the quarter, compared to analyst estimates of $16.20 million. CuriosityStream had a negative return on equity of 32.94% and a negative net margin of 85.95%. On average, analysts expect CuriosityStream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CuriosityStream Price Performance

Shares of CURI stock traded up $0.03 on Wednesday, hitting $1.09. 20,691 shares of the stock traded hands, compared to its average volume of 667,802. The company has a market capitalization of $58.10 million, a PE ratio of -1.16 and a beta of 1.18. CuriosityStream has a 1-year low of $0.45 and a 1-year high of $1.55. The company’s fifty day moving average is $0.84 and its 200 day moving average is $0.66.

CuriosityStream Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Friday, April 12th were given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 9.17%. The ex-dividend date was Thursday, April 11th. CuriosityStream’s dividend payout ratio is currently -10.75%.

Insider Buying and Selling

In other news, major shareholder Hendricks Factual Media Llc sold 28,006 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $1.00, for a total transaction of $28,006.00. Following the completion of the sale, the insider now directly owns 21,169,423 shares of the company’s stock, valued at $21,169,423. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 363,614 shares of company stock worth $371,230 in the last three months. 55.40% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Needham & Company LLC lowered their price objective on CuriosityStream from $1.50 to $1.25 and set a “buy” rating for the company in a research note on Thursday, March 21st.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.