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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.