Get ready to mark your calendars because the much anticipated second quarter financial results of Reservoir Media (NASDAQ: RSVR) are set to be unveiled on Wednesday 30th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
Financial experts on Wall Street anticipate that the business is set to announce an estimated $0.03 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $38.93 million for this specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $150.11 million. Additionally, they are expecting the company to report profit of $0.09 per share for the fiscal year 2025.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.01. This notable figure was attributed to the company's total revenue, which settled at an impressive $38.4 million during that specific quarter.
RSVR has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss the second quarter financial results and other related information.
Reservoir Media (RSVR) closed Monday's regular trading session at $8.65, reflecting a 1.17 percent gain. During the day, RSVR shares traded between $8.52 and $8.76, with a day volume of 16.90 thousand shares.
