The earnings call reflected a mixed performance with significant achievements in digital growth and cost management, but faced considerable challenges in revenue and advertising market pressures. While there were strategic initiatives and successes in specific areas, the financial and market challenges present a cautious outlook.
Company Guidance
During the Corus Entertainment Q3 2025 Analyst and Investor Conference Call, CEO John Gossling provided several key metrics and updates about the company's performance and strategic initiatives. Despite challenging advertising conditions, the company reported consolidated revenue of $298 million, a 10% decrease from the prior year, and a consolidated segment profit of $62 million. TV segment revenue was $275 million, down 11%, while radio segment revenue was $23 million, showing a slight 1% decrease. The company achieved total general and administrative expense reductions of $10 million or 9%, and TV employee costs decreased by 10%. The company also had a free cash flow of negative $33 million, primarily due to lower segment profit and higher restructuring costs. Corus' streaming portfolio saw a year-over-year increase in average streamed hours by 7% during the winter-spring season. The company also announced significant content and programming updates, including the launch of new shows and returning hits for the upcoming broadcast year, reaching over 31 million Canadians monthly. Looking ahead, Corus expects a year-over-year decline in TV advertising revenue for Q4 of fiscal 2025 to be around 20% and continues to implement cost reduction initiatives to offset lower expected revenues.
Global TV Performance
Global TV was #1 in core prime time for fall 2024 and spring 2025 in the adults 18-plus demo. Global News viewing is up 4% year-over-year in spring 2025 and 6% for the year-to-date.
Streaming Portfolio Growth
Streaming portfolio had its strongest winter-spring season with 19 million average hours streamed, up 7% year-over-year.
Cost Reduction Achievements
Significant total general and administrative expense reductions of $10 million or 9% in the quarter, with a decrease of 7% in employee costs.
Radio Segment Profit Increase
Radio segment profit increased significantly with a 13% expense decline, doubling the profit margin to 22% from 11% in the prior year period.
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
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
TSE:CJR.B Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 26, 2025
C$0.11
C$0.10
-4.55%
Apr 11, 2025
C$0.12
C$0.10
-8.70%
Jan 10, 2025
C$0.10
C$0.10
0.00%
Oct 25, 2024
C$0.16
C$0.14
-9.38%
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 (TSE:CJR.B) report earnings?
Corus Entertainment (TSE:CJR.B) is schdueled to report earning on Oct 17, 2025, Before Open (Confirmed).
What is Corus Entertainment (TSE:CJR.B) earnings time?
Corus Entertainment (TSE:CJR.B) 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.