The earnings call highlighted effective cost reduction and growth in digital platforms, but these were overshadowed by a significant decline in revenue and challenges in the advertising market. The sentiment is impacted by the increased financial leverage and uncertainty in the market.
Company Guidance -
Q4 2025
During the Corus Entertainment Q3 2025 Analyst and Investor Conference Call, CEO John Gossling outlined several key metrics and strategic actions impacting the company. Corus reported consolidated revenue of $298 million, a 10% decrease from the previous year, while consolidated segment profit stood at $62 million with a margin increase to 21%. Despite a challenging advertising environment, characterized by a 15% decline in TV advertising revenue, Corus achieved a 9% reduction in general and administrative expenses, largely due to a 7% decrease in employee costs. The company's net debt to segment profit ratio rose to 5.39x, reflecting the impact of lower segment profit. Looking ahead, Corus anticipates a 20% decline in TV advertising revenue for Q4 of fiscal 2025, while implementing cost reduction initiatives expected to cut general and admin expenses by 10% to 15% compared to last year. Additionally, Corus emphasized its strategic focus on content and digital platforms, with strong engagement reported for its Global TV app and STACKTV, despite the broader economic uncertainties impacting advertising decisions.
Successful Cost Reduction Initiatives
Operating costs reduced by nearly 30% compared to August 2022, with significant reductions in general and administrative expenses (9% reduction) and employee costs (7% reduction).
Growth in Streaming and Digital Platforms
Corus' streaming portfolio had its strongest winter-spring season with 19 million average hours streamed, up 7% year-over-year. The Global TV app also gained momentum with increased live viewing.
Strong Performance of Home and Flavour Networks
Home and Flavour are top 20 English language specialty services and the #1 and #2 lifestyle networks, with Slice audiences up 5% this spring.
Corus Entertainment (CJREF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CJREF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 26, 2025
$0.07
$0.07
0.00%
Apr 11, 2025
$0.08
$0.08
0.00%
Jan 10, 2025
$0.07
$0.08
+14.29%
Oct 25, 2024
$0.11
$0.10
-9.09%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Corus Entertainment (CJREF) report earnings?
Corus Entertainment (CJREF) is schdueled to report earning on Oct 17, 2025, Before Open (Confirmed).
What is Corus Entertainment (CJREF) earnings time?
Corus Entertainment (CJREF) earnings time is at Oct 17, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.