Corus Entertainment Stock Earnings Per Share

CJR-B Stock  CAD 0.12  0.01  9.09%   
Corus Entertainment fundamentals help investors to digest information that contributes to Corus Entertainment's financial success or failures. It also enables traders to predict the movement of Corus Stock. The fundamental analysis module provides a way to measure Corus Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Corus Entertainment stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Corus Entertainment Company Earnings Per Share Analysis

Corus Entertainment's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Earnings per Share

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Earnings

Average Shares

More About Earnings Per Share | All Equity Analysis

Current Corus Entertainment Earnings Per Share

    
  (3.87) X  
Most of Corus Entertainment's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Corus Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Corus Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Corus Entertainment is extremely important. It helps to project a fair market value of Corus Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Corus Entertainment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Corus Entertainment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Corus Entertainment's interrelated accounts and indicators.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Competition

Corus Common Stock Shares Outstanding

Common Stock Shares Outstanding

136.93 Million

At this time, Corus Entertainment's Common Stock Shares Outstanding is comparatively stable compared to the past year.
According to the company disclosure, Corus Entertainment has an Earnings Per Share of -3.87 times. This is 258.61% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The earnings per share for all Canada stocks is notably higher than that of the company.

Corus Earnings Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Corus Entertainment's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Corus Entertainment could also be used in its relative valuation, which is a method of valuing Corus Entertainment by comparing valuation metrics of similar companies.
Corus Entertainment is currently under evaluation in earnings per share category among its peers.

Corus Fundamentals

About Corus Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Corus Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corus Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corus Entertainment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Corus Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corus Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corus Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Corus Stock

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Moving against Corus Stock

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The ability to find closely correlated positions to Corus Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corus Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corus Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corus Entertainment to buy it.
The correlation of Corus Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corus Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corus Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corus Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Corus Stock Analysis

When running Corus Entertainment's price analysis, check to measure Corus Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corus Entertainment is operating at the current time. Most of Corus Entertainment's value examination focuses on studying past and present price action to predict the probability of Corus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corus Entertainment's price. Additionally, you may evaluate how the addition of Corus Entertainment to your portfolios can decrease your overall portfolio volatility.