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Most Anticipated Earnings: GSP-X, ESK-X and more Canadian Companies Reporting Earnings this Week (Mar 31-Apr 01)Stocks gain for the week, oil climbsFlat TSX on Turkey DayThis summary was created by AI, based on 2 opinions in the last 12 months.
Corus Entertainment, represented by the symbol CJR.B-T, is facing significant challenges according to various expert reviews. One expert mentions that the company is not known for mergers and acquisitions and points out the unfavorable chart trends, suggesting caution for potential investors. Another review highlights a recent setback, particularly the loss of a streaming contract to Rogers, which has cast doubt on the company's future. Additionally, concerns about high levels of debt and poor management practices are prevalent, indicating that the company could be at risk of bankruptcy. This situation may open up opportunities for restructuring in the future, but the current outlook appears grim for the business.
Since last summer there has been a recession in advertising for television and this has been a problem for Chorus. There are longer term headwinds since subscribers are moving more to streaming services. Chorus has STACK TV but it is an uphill battle against some of the big companies. It sold its animation studio to help reduce debt load but debt is still pretty high. The stock is too risky.
Corus Entertainment (B) is a Canadian stock, trading under the symbol CJR.B-T on the Toronto Stock Exchange (CJR.B-CT). It is usually referred to as TSX:CJR.B or CJR.B-T
In the last year, 1 stock analyst published opinions about CJR.B-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Corus Entertainment (B).
Corus Entertainment (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Corus Entertainment (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Corus Entertainment (B) In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Corus Entertainment (B) (CJR.B-T) stock closed at a price of $0.125.