Earnings To Watch: Thunderbird Entertainment Group Inc (TSXV:TBRD) Reports Q4 2024 Results

Author's Avatar
10 hours ago
Article's Main Image

Thunderbird Entertainment Group Inc (TSXV:TBRD, Financial) is set to release its Q4 2024 earnings on Oct 9, 2024. The consensus estimate for Q4 2024 revenue is $46.70 million, and the earnings are expected to come in at $0.03 per share. The full year 2024's revenue is expected to be $159.50 million and the earnings are expected to be $0.05 per share. More detailed estimate data can be found on the Forecast page.

Thunderbird Entertainment Group Inc (TSXV:TBRD, Financial) Estimate Trends

Revenue estimates for Thunderbird Entertainment Group Inc (TSXV:TBRD) have remained steady at $159.50 million for the full year 2024 and at $178.00 million for 2025 over the past 90 days. Earnings estimates for Thunderbird Entertainment Group Inc (TSXV:TBRD) have also remained unchanged at $0.05 per share for the full year 2024 and at $0.09 per share for 2025 over the past 90 days.

Thunderbird Entertainment Group Inc (TSXV:TBRD, Financial) Reported History

In the previous quarter of September 30, 2023, Thunderbird Entertainment Group Inc's (TSXV:TBRD) actual revenue was $33.60 million, which missed analysts' revenue expectations of $43.65 million by -23.02%. Thunderbird Entertainment Group Inc's (TSXV:TBRD) actual earnings were $0.01 per share, which missed analysts' earnings expectations of $0.02 per share by -50%. After releasing the results, Thunderbird Entertainment Group Inc (TSXV:TBRD) was down by -9.55% in one day.

1843623306150965248.png

Thunderbird Entertainment Group Inc (TSXV:TBRD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Thunderbird Entertainment Group Inc (TSXV:TBRD) is $2.88 with a high estimate of $3.00 and a low estimate of $2.75. The average target implies an upside of 44.47% from the current price of $1.99.

Based on GuruFocus estimates, the estimated GF Value for Thunderbird Entertainment Group Inc (TSXV:TBRD, Financial) in one year is $0, suggesting a downside of -100% from the current price of $1.99.

Based on the consensus recommendation from 2 brokerage firms, Thunderbird Entertainment Group Inc's (TSXV:TBRD, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1843623356256120832.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.