Prosiebensat.1 Media (OTCMKTS:PBSFY) Issues Earnings Results, Misses Estimates By $0.20 EPS

Key Points

• Prosiebensat.1 Media reported earnings of $0.02 per share for the quarter, significantly missing analysts' estimates of $0.22 and also falling short of revenue expectations at $953.09 million.
• The company announced a dividend of $0.0072 per share, with a notably high dividend yield of 35.0%, despite a payout ratio of -50.00%.
• Analysts have varied ratings, with Barclays downgrading the stock from "strong-buy" to "hold," while DZ Bank upgraded it from "hold" to "strong-buy" recently.

Prosiebensat.1 Media (OTCMKTS:PBSFY - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.20), Zacks reports. Prosiebensat.1 Media had a positive return on equity of 13.40% and a negative net margin of 2.27%. The firm had revenue of $953.09 million during the quarter, compared to analysts' expectations of $996.46 million.

Prosiebensat.1 Media Trading Down 0.7%

Shares of OTCMKTS PBSFY traded down $0.02 during trading on Tuesday, reaching $2.24. The stock had a trading volume of 2,022 shares, compared to its average volume of 4,209. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.92 and a current ratio of 0.97. The company has a market cap of $2.03 billion, a P/E ratio of -22.40 and a beta of 1.21. The business's 50-day moving average price is $1.99 and its 200-day moving average price is $1.72. Prosiebensat.1 Media has a fifty-two week low of $1.14 and a fifty-two week high of $2.26.

Prosiebensat.1 Media Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were given a dividend of $0.0072 per share. This represents a dividend yield of 35.0%. The ex-dividend date was Friday, May 30th. Prosiebensat.1 Media's dividend payout ratio (DPR) is currently -10.00%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PBSFY. DZ Bank upgraded shares of Prosiebensat.1 Media from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 12th. Barclays cut shares of Prosiebensat.1 Media from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th.

About Prosiebensat.1 Media

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.