DHX Media Ltd. Expected to Earn FY2018 Earnings of ($0.03) Per Share (DHX)

DHX Media Ltd. (TSE:DHX) – Research analysts at Cormark lowered their FY2018 earnings per share estimates for DHX Media in a note issued to investors on Thursday, September 20th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of ($0.03) per share for the year, down from their previous estimate of $0.10. Cormark also issued estimates for DHX Media’s Q4 2018 earnings at ($0.08) EPS and FY2019 earnings at $0.10 EPS.

DHX has been the topic of several other research reports. TD Securities cut their price target on DHX Media from C$3.75 to C$1.30 and set a “hold” rating on the stock in a report on Friday, September 14th. National Bank Financial cut their price target on DHX Media from C$4.00 to C$1.50 and set a “sector perform” rating on the stock in a report on Friday, September 14th. Echelon Wealth Partners lowered DHX Media from a “buy” rating to a “speculative buy” rating and cut their price target for the stock from C$5.75 to C$3.75 in a report on Friday, September 14th. Finally, Royal Bank of Canada cut their price target on DHX Media from C$4.00 to C$2.00 and set a “sector perform” rating on the stock in a report on Friday, September 14th. Five analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of C$2.14.

Shares of TSE:DHX opened at C$1.50 on Monday. DHX Media has a 52-week low of C$1.09 and a 52-week high of C$3.52.

About DHX Media

DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. It operates through three segments: Content Business, DHX Television Ltd., and Copyright Promotions Licensing Group.

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Earnings History and Estimates for DHX Media (TSE:DHX)

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