Reservoir Media (RSVR) Set to Announce Earnings on Wednesday

Reservoir Media (NASDAQ:RSVR - Get Free Report) will be announcing its earnings results before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Reservoir Media has set its FY 2025 guidance at EPS.Investors interested in registering for the company's conference call can do so using this link.

Reservoir Media (NASDAQ:RSVR - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported ($0.01) EPS for the quarter. Reservoir Media had a net margin of 0.01% and a return on equity of 0.96%. The business had revenue of $34.32 million for the quarter, compared to the consensus estimate of $34.42 million. On average, analysts expect Reservoir Media to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Reservoir Media Trading Down 2.2 %

Shares of Reservoir Media stock traded down $0.19 on Wednesday, hitting $8.45. 29,057 shares of the company's stock traded hands, compared to its average volume of 57,776. Reservoir Media has a one year low of $5.26 and a one year high of $9.20. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.28 and a quick ratio of 1.16. The company has a fifty day moving average of $7.84 and a two-hundred day moving average of $7.85. The company has a market capitalization of $549.55 million, a price-to-earnings ratio of -863.14, a price-to-earnings-growth ratio of 9.83 and a beta of 0.90.

Reservoir Media Company Profile

Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.