Chicken Soup for the Soul Entertainment (NASDAQ:CSSE) Releases Earnings Results, Beats Expectations By $0.34 EPS

Chicken Soup for the Soul Entertainment (NASDAQ:CSSE) issued its quarterly earnings results on Tuesday. The company reported ($0.48) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.82) by $0.34, Fidelity Earnings reports. Chicken Soup for the Soul Entertainment had a negative net margin of 59.26% and a negative return on equity of 73.57%.

CSSE stock traded up $3.91 during midday trading on Thursday, hitting $27.97. The company’s stock had a trading volume of 181,161 shares, compared to its average volume of 60,825. The firm’s 50-day moving average is $27.19 and its 200-day moving average is $20.05. Chicken Soup for the Soul Entertainment has a 12 month low of $5.75 and a 12 month high of $32.95. The company has a market cap of $389.06 million, a PE ratio of -6.86 and a beta of 1.67.

CSSE has been the topic of a number of recent research reports. Craig Hallum upped their price objective on shares of Chicken Soup for the Soul Entertainment from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday. Benchmark upped their price target on Chicken Soup for the Soul Entertainment from $20.00 to $25.00 in a research note on Wednesday, December 16th. Northland Securities raised their price objective on Chicken Soup for the Soul Entertainment from $18.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday. DA Davidson boosted their target price on Chicken Soup for the Soul Entertainment from $28.00 to $34.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Alliance Global Partners raised their price target on Chicken Soup for the Soul Entertainment from $35.00 to $40.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $32.80.

Chicken Soup for the Soul Entertainment Company Profile

Chicken Soup for the Soul Entertainment, Inc, a media company, operates streaming video-on-demand networks in the United States and internationally. It owns and operates various ad-supported and subscription-based video-on-demand (VOD) networks, including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix, and FrightPix.

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Earnings History for Chicken Soup for the Soul Entertainment (NASDAQ:CSSE)

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