Reservoir Media (NASDAQ:RSVR – Get Free Report) is set to announce its earnings results before the market opens on Wednesday, July 31st. Reservoir Media has set its FY 2025 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.
Reservoir Media (NASDAQ:RSVR – Get Free Report) last released its earnings results on Thursday, May 30th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. Reservoir Media had a net margin of 0.44% and a return on equity of 1.14%. The business had revenue of $39.15 million during the quarter, compared to the consensus estimate of $35.36 million. On average, analysts expect Reservoir Media to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Reservoir Media Stock Performance
Reservoir Media stock opened at $8.39 on Tuesday. Reservoir Media has a 52-week low of $5.19 and a 52-week high of $9.20. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.07 and a current ratio of 1.17. The firm has a 50 day moving average price of $7.67 and a two-hundred day moving average price of $7.61.
Insider Activity at Reservoir Media
Wall Street Analysts Forecast Growth
Separately, B. Riley lifted their target price on shares of Reservoir Media from $11.00 to $11.50 and gave the stock a “buy” rating in a research note on Friday, May 31st.
Get Our Latest Research Report on RSVR
Reservoir Media Company Profile
Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.
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