Nexxen International Ltd (NEXN, Financial) is set to release its Q3 2024 earnings on Nov 15, 2024. The consensus estimate for Q3 2024 revenue is $87.13 million, and the earnings are expected to come in at $0.02 per share. The full year 2024's revenue is expected to be $357.98 million and the earnings are expected to be $0.14 per share. More detailed estimate data can be found on the Forecast page.
Nexxen International Ltd (NEXN, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Nexxen International Ltd (NEXN) for the full year 2024 have increased from $356.37 million to $357.98 million and for 2025 from $383.93 million to $390.30 million. Earnings estimates have seen a decline from $0.15 per share to $0.14 per share for the full year 2024, while for 2025, estimates have risen from $0.18 per share to $0.20 per share.
Nexxen International Ltd (NEXN, Financial) Reported History
In the previous quarter of 2024-06-30, Nexxen International Ltd's (NEXN) actual revenue was $88.58 million, which beat analysts' revenue expectations of $85.43 million by 3.68%. Nexxen International Ltd's (NEXN) actual earnings were $0.04 per share, which beat analysts' earnings expectations of $0.017 per share by 135.29%. After releasing the results, Nexxen International Ltd (NEXN) was up by 4.33% in one day.
Nexxen International Ltd (NEXN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for Nexxen International Ltd (NEXN) is $9.50 with a high estimate of $11 and a low estimate of $7.50. The average target implies an upside of 26.50% from the current price of $7.51.
Based on GuruFocus estimates, the estimated GF Value for Nexxen International Ltd (NEXN, Financial) in one year is $8.94, suggesting an upside of 19.04% from the current price of $7.51.
Based on the consensus recommendation from 5 brokerage firms, Nexxen International Ltd's (NEXN, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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.
