Equities research analysts expect Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) to report earnings per share (EPS) of ($0.11) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Chicken Soup for The Soul Entrtnmnt’s earnings, with estimates ranging from ($0.14) to ($0.08). Chicken Soup for The Soul Entrtnmnt reported earnings per share of ($0.04) during the same quarter last year, which indicates a negative year over year growth rate of 175%. The company is expected to issue its next earnings report on Tuesday, August 13th.
On average, analysts expect that Chicken Soup for The Soul Entrtnmnt will report full year earnings of $0.16 per share for the current fiscal year, with EPS estimates ranging from ($0.36) to $0.69. For the next financial year, analysts forecast that the firm will report earnings of $0.84 per share, with EPS estimates ranging from $0.30 to $1.37. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Chicken Soup for The Soul Entrtnmnt.
Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.21). Chicken Soup for The Soul Entrtnmnt had a negative net margin of 12.85% and a negative return on equity of 2.24%. The company had revenue of $2.53 million for the quarter, compared to the consensus estimate of $6.54 million.
Shares of NASDAQ CSSE traded down $0.14 during mid-day trading on Friday, reaching $7.02. 10,326 shares of the company’s stock were exchanged, compared to its average volume of 31,858. The firm has a market cap of $29.13 million, a price-to-earnings ratio of -43.88 and a beta of 1.21. Chicken Soup for The Soul Entrtnmnt has a 52 week low of $6.75 and a 52 week high of $13.11. The stock has a 50-day moving average price of $7.66.
An institutional investor recently raised its position in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP increased its position in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 45.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 311,027 shares of the company’s stock after buying an additional 96,527 shares during the quarter. Royce & Associates LP owned 7.49% of Chicken Soup for The Soul Entrtnmnt worth $3,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 18.92% of the stock is owned by institutional investors.
Chicken Soup for The Soul Entrtnmnt Company Profile
Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video-on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through its owned and operated advertiser-supported VOD (AVOD) networks, including Popcornflix and Truli; distributes its and third-party owned content to end users in various digital platforms through its owned and operated subscription-based VOD (SVOD) network Pivotshare; and operates a series of direct-to consumer advertising supported channels.
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