Corus Entertainment Full Year 2024 Earnings: CA$3.87 loss per share (vs CA$2.15 loss in FY 2023)

Corus Entertainment (TSE:CJR.B) Full Year 2024 Results

Key Financial Results

• Revenue: CA$1.27b (down 16% from FY 2023).

• Net loss: CA$772.6m (loss widened by 80% from FY 2023).

• CA$3.87 loss per share (further deteriorated from CA$2.15 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Corus Entertainment Earnings Insights

Looking ahead, revenue is expected to decline by 7.2% p.a. on average during the next 3 years, while revenues in the Media industry in North America are expected to grow by 3.7%.

Performance of the market in Canada.

The company’s shares are down 6.5% from a week ago.

Risk Analysis

Before we wrap up, we’ve discovered 4 warning signs for Corus Entertainment (3 don’t sit too well with us!) that you should be aware of.

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