$0.06 Earnings Per Share Expected for Chicken Soup for The Soul Entrtnmnt Inc (CSSE) This Quarter

Equities research analysts forecast that Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) will report earnings of $0.06 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Chicken Soup for The Soul Entrtnmnt’s earnings, with estimates ranging from $0.05 to $0.06. The business is scheduled to announce its next earnings results on Tuesday, November 13th.

According to Zacks, analysts expect that Chicken Soup for The Soul Entrtnmnt will report full year earnings of $0.48 per share for the current fiscal year, with EPS estimates ranging from $0.40 to $0.55. For the next financial year, analysts forecast that the business will report earnings of $0.68 per share, with EPS estimates ranging from $0.62 to $0.73. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Chicken Soup for The Soul Entrtnmnt.

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last released its quarterly earnings data on Tuesday, August 14th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.06. The company had revenue of $2.94 million for the quarter, compared to the consensus estimate of $3.30 million. Chicken Soup for The Soul Entrtnmnt had a return on equity of 15.98% and a net margin of 124.22%.

A number of equities research analysts have weighed in on the company. Northland Securities reaffirmed a “buy” rating and set a $15.00 price objective on shares of Chicken Soup for The Soul Entrtnmnt in a report on Wednesday, August 1st. ValuEngine raised Chicken Soup for The Soul Entrtnmnt from a “sell” rating to a “hold” rating in a report on Saturday, September 1st.

NASDAQ CSSE traded down $0.16 during trading on Friday, reaching $8.85. 5,600 shares of the company traded hands, compared to its average volume of 33,418. The company has a market capitalization of $34.60 million, a price-to-earnings ratio of 10.79 and a beta of 2.05. Chicken Soup for The Soul Entrtnmnt has a 1-year low of $6.19 and a 1-year high of $11.41.

In related news, major shareholder Mvm Funds Llc acquired 46,477 shares of the firm’s stock in a transaction on Friday, October 26th. The shares were bought at an average cost of $9.20 per share, with a total value of $427,588.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 72.60% of the stock is currently owned by insiders.

An institutional investor recently bought a new position in Chicken Soup for The Soul Entrtnmnt stock. Bard Associates Inc. acquired a new stake in shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,500 shares of the company’s stock, valued at approximately $139,000. Bard Associates Inc. owned approximately 0.39% of Chicken Soup for The Soul Entrtnmnt at the end of the most recent quarter. 15.07% of the stock is owned by institutional investors and hedge funds.

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 Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.

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