DHX Media Ltd. Expected to Earn FY2019 Earnings of $0.24 Per Share (DHX)

DHX Media Ltd. (TSE:DHX) – Equities researchers at Cormark lowered their FY2019 earnings per share estimates for shares of DHX Media in a research report issued on Wednesday. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $0.24 for the year, down from their previous estimate of $0.25.

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Other research analysts also recently issued research reports about the company. National Bank Financial downgraded DHX Media from an “outperform market weight” rating to a “sector perform market weight” rating in a research note on Thursday, September 28th. Clarus Securities restated a “speculative buy” rating on shares of DHX Media in a research note on Friday, September 29th.

Shares of DHX Media (DHX) remained flat at $C$8.75 during midday trading on Monday. DHX Media has a one year low of C$3.33 and a one year high of C$8.89.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Tuesday, November 28th will be paid a $0.02 dividend. The ex-dividend date is Monday, November 27th. This represents a $0.08 dividend on an annualized basis and a yield of 0.91%.

About DHX Media

DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company creates, produces and licenses of family entertainment rights. DHX owns, markets and distributes over 8,500 half hours of children’s entertainment content, and exploits owned properties through its consumer products licensing business.

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

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