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The latest announcement is out from Corus Entertainment ( ($TSE:CJR.B) ).
Corus Entertainment reported an 18% year-over-year decline in consolidated revenue to $267.6 million for its fiscal 2026 first quarter, driven by a 19% drop in television revenue and softer advertising and subscriber income, while radio revenue fell 4%. Consolidated segment profit slid 32% to $57.2 million, compressing margins to 21%, and the company swung to a net loss attributable to shareholders of $11.1 million, alongside a negative free cash flow of $53.6 million, underscoring ongoing market and industry pressures. Management highlighted substantial progress on a proposed recapitalization transaction expected to reduce debt and other liabilities by more than $500 million and deliver up to $40 million in annual cash interest savings, which would materially strengthen the balance sheet and extend debt maturities if completed. Operationally, Corus continued to invest in its content slate, announcing robust winter 2025 and winter 2026 programming across Global, Showcase and W Network, including new and returning high-profile series designed to support audience engagement and advertising performance amid challenging conditions.
The most recent analyst rating on ($TSE:CJR.B) stock is a Sell with a C$0.03 price target. To see the full list of analyst forecasts on Corus Entertainment stock, see the TSE:CJR.B Stock Forecast page.
Spark’s Take on TSE:CJR.B Stock
According to Spark, TipRanks’ AI Analyst, TSE:CJR.B is a Underperform.
Corus Entertainment’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, negative margins, and high leverage. Technical analysis indicates bearish momentum, while valuation metrics are unattractive due to negative earnings and lack of dividends. These factors collectively suggest significant risks for investors.
To see Spark’s full report on TSE:CJR.B stock, click here.
More about Corus Entertainment
Corus Entertainment Inc. is a Canadian media and entertainment company operating television and radio assets, including the Global Television network and a portfolio of specialty channels. Its primary revenues are derived from television advertising, subscriber fees, and radio advertising, with additional income from content distribution, production, and other related services, serving audiences and advertisers across the Canadian broadcast market.
Average Trading Volume: 532,102
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$7.98M
For a thorough assessment of CJR.B stock, go to TipRanks’ Stock Analysis page.