Q2 2024 Earnings Forecast for CuriosityStream Inc. (NASDAQ:CURI) Issued By Barrington Research

CuriosityStream Inc. (NASDAQ:CURI - Free Report) - Barrington Research cut their Q2 2024 EPS estimates for shares of CuriosityStream in a research report issued on Wednesday, May 8th. Barrington Research analyst J. Goss now forecasts that the company will post earnings of ($0.05) per share for the quarter, down from their previous estimate of ($0.04). The consensus estimate for CuriosityStream's current full-year earnings is ($0.10) per share. Barrington Research also issued estimates for CuriosityStream's Q4 2024 earnings at ($0.04) EPS, FY2024 earnings at ($0.19) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.06) EPS and Q1 2026 earnings at ($0.02) EPS.

CuriosityStream (NASDAQ:CURI - Get Free Report) last announced its earnings results on Wednesday, March 20th. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.17) by $0.08. The business had revenue of $14.78 million for the quarter, compared to analysts' expectations of $16.20 million. CuriosityStream had a negative net margin of 85.95% and a negative return on equity of 32.94%.

Separately, Needham & Company LLC upped their price target on shares of CuriosityStream from $1.25 to $1.35 and gave the stock a "buy" rating in a research note on Wednesday.

CuriosityStream Stock Performance

CURI traded down $0.03 during trading on Friday, hitting $1.17. The stock had a trading volume of 197,377 shares, compared to its average volume of 631,014. The firm has a market capitalization of $62.37 million, a P/E ratio of -1.31 and a beta of 1.15. The company's 50-day moving average price is $0.93 and its 200 day moving average price is $0.69. CuriosityStream has a twelve month low of $0.45 and a twelve month high of $1.55.

CuriosityStream Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, July 12th will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 8.55%. The ex-dividend date of this dividend is Friday, July 12th. CuriosityStream's dividend payout ratio (DPR) is presently -10.75%.

Insider Buying and Selling

In other CuriosityStream news, major shareholder Hendricks Factual Media Llc sold 30,821 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $1.01, for a total value of $31,129.21. Following the completion of the sale, the insider now owns 20,897,617 shares of the company's stock, valued at $21,106,593.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders sold 363,614 shares of company stock valued at $371,230. 55.40% of the stock is currently owned by corporate insiders.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.