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Corus Entertainment (TSE:CJR.B)
TSX:CJR.B
Canadian Market
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Corus Entertainment (CJR.B) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 04, 2025
TBA Not Confirmed
Period Ending
2025 (Q2)
Consensus EPS Forecast
-0.12
Last Year’s EPS
-0.03
Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Jan 11, 2019
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% Change Since: -4.76%
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Next Earnings Date:Oct 19, 2018
Earnings Call Sentiment|Neutral
Corus Entertainment's earnings call presented a mixed picture. While the company has successfully launched new lifestyle brands and seen growth in streaming and news audiences, it faces challenges with declining advertising revenue, increased debt levels, and a competitive advertising market. Cost reduction initiatives are in place, but financial metrics have deteriorated.
Company Guidance
During the Corus Entertainment First Quarter 2025 Analyst and Investor Conference Call, guidance was provided on several key metrics. The company reported a consolidated revenue of $327 million, reflecting a 12% decrease from the previous year, with a consolidated segment profit of $84 million, resulting in a profit margin of 26% compared to 31% last year. The TV advertising revenue experienced a decline of 16%, while subscriber revenue decreased by 2%. The radio segment also saw a 14% decline in revenue. Free cash flow was negative $10 million, influenced by higher restructuring costs and seasonal working capital usage. The company ended the quarter with $88 million in cash and cash equivalents, while net debt to segment profit was 4.48 times. Looking ahead, Corus anticipates continued advertising revenue challenges and expects a low double-digit percentage increase in TV program rights amortization for Q2, alongside a 5% to 10% decrease in G&A expenses.
Successful Launch of New Lifestyle Brands
Corus launched new lifestyle brands 'Flavor Network' and 'Home Network', supported by a two-month free preview across major distributors and strong advertiser interest. Ratings remained consistent, and all carriage for the networks was maintained.
Strong Fall Season Performance
Global TV network ranked number one in core prime time in Canada with six of the top 10 and 11 of the top 20 shows, including 'Survivor' and 'Saturday Night Live'.
Growth in Streaming and News Audience
Total hours streamed increased by 24% year-over-year, with STACKTV, Pluto TV, and Global TV App contributing to the growth. News audiences grew 8% on linear TV and 31% on GlobalNews.ca.
Cost Reduction Initiatives
Significant headcount reduction led to a 14% decrease in employee costs. Overall expense reductions were $6 million in the quarter.
Record Streaming Subscribers
As of the end of Q1, Corus had a record high number of paying streaming subscribers.
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Corus Entertainment (TSE:CJR.B) 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

TSE:CJR.B Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Oct 19, 20182018 (Q4)
- / 0.19
0.22-13.64% (-0.03)
Jan 11, 20192019 (Q1)
- / 0.33
0.38-13.16% (-0.05)
Apr 05, 20192019 (Q2)
- / 0.07
0.2-65.00% (-0.13)
Jun 26, 20192019 (Q3)
- / 0.31
0.37-16.22% (-0.06)
Oct 18, 20192019 (Q4)
- / 0.13
0.19-31.58% (-0.06)
Jan 10, 20202020 (Q1)
- / 0.38
0.3315.15% (+0.05)
Apr 01, 20202020 (Q2)
- / 0.12
0.0771.43% (+0.05)
Jun 26, 20202020 (Q3)
- / 0.09
0.31-70.97% (-0.22)
Oct 22, 20202020 (Q4)
- / 0.16
0.1323.08% (+0.03)
Jan 12, 20212021 (Q1)
- / 0.38
0.380.00% (0.00)
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
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TSE:CJR.B Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 10, 2025C$0.10C$0.100.00%
Oct 25, 2024C$0.16C$0.14-9.38%
Jul 15, 2024C$0.20C$0.15-22.50%
Apr 12, 2024C$0.80C$0.59-26.25%
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.
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FAQ

When does Corus Entertainment (TSE:CJR.B) report earnings?
Corus Entertainment (TSE:CJR.B) is schdueled to report earning on Apr 04, 2025, TBA Not Confirmed.
    What is Corus Entertainment (TSE:CJR.B) earnings time?
    Corus Entertainment (TSE:CJR.B) earnings time is at Apr 04, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:CJR.B EPS forecast?
          TSE:CJR.B EPS forecast for the fiscal quarter 2025 (Q2) is -0.12.
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            Corus Entertainment (TSE:CJR.B) Earnings News

            Corus Entertainment Stock (TSE:CJR.B) Gains Despite Mixed Q3 Results
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            Corus Entertainment Stock (TSE:CJR.B) Gains Despite Mixed Q3 Results
            2y ago
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