EarningsQ3 2025 Earnings Report

Corus Entertainment (CJREF) Q3 2025 Earnings Report

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Previous Report: Q2 2025

Next Report: Q4 2025

CJREF Q3 2025 EPS Results

Actual EPS$0.04

Consensus EPS-$0.03

Beat/MissBeat by +$0.07

One Year Ago EPS-$0.07

CJREF Q3 2025 Revenue Results

Actual Revenue$208.92M

Expected Revenue$208.95M

Beat/MissMissed by -$32.27K

YoY Revenue Growth-10.25%

Earnings Announcement Details

QuarterQ3 2025

Date06/26/2025

TimeBefore Open

Conference CallThursday, June 26, 2025

CJREF Upcoming Earnings

Corus Entertainment's next earnings date is estimated for October 23, 2026, based on past reporting schedules.

Q3 2025 Earnings Call Audio

CJREF Q3 2025 Earnings Call

0:00 / 0:00

Q3 2025 Earnings Slide Deck

Q3 2025 Earnings Call Summary

Q3 2025

Earnings Call Date:Jun 26, 2025|

% Change Since:

Earnings Call Sentiment|Neutral

The earnings call reflected a mixed performance with significant achievements in digital growth and cost management, but faced considerable challenges in revenue and advertising market pressures. While there were strategic initiatives and successes in specific areas, the financial and market challenges present a cautious outlook.

Company Guidance

During the Corus Entertainment Q3 2025 Analyst and Investor Conference Call, CEO John Gossling provided several key metrics and updates about the company's performance and strategic initiatives. Despite challenging advertising conditions, the company reported consolidated revenue of $298 million, a 10% decrease from the prior year, and a consolidated segment profit of $62 million. TV segment revenue was $275 million, down 11%, while radio segment revenue was $23 million, showing a slight 1% decrease. The company achieved total general and administrative expense reductions of $10 million or 9%, and TV employee costs decreased by 10%. The company also had a free cash flow of negative $33 million, primarily due to lower segment profit and higher restructuring costs. Corus' streaming portfolio saw a year-over-year increase in average streamed hours by 7% during the winter-spring season. The company also announced significant content and programming updates, including the launch of new shows and returning hits for the upcoming broadcast year, reaching over 31 million Canadians monthly. Looking ahead, Corus expects a year-over-year decline in TV advertising revenue for Q4 of fiscal 2025 to be around 20% and continues to implement cost reduction initiatives to offset lower expected revenues.

Global TV Performance

Global TV was #1 in core prime time for fall 2024 and spring 2025 in the adults 18-plus demo. Global News viewing is up 4% year-over-year in spring 2025 and 6% for the year-to-date.

Streaming Portfolio Growth

Streaming portfolio had its strongest winter-spring season with 19 million average hours streamed, up 7% year-over-year.

Cost Reduction Achievements

Significant total general and administrative expense reductions of $10 million or 9% in the quarter, with a decrease of 7% in employee costs.

Radio Segment Profit Increase

Radio segment profit increased significantly with a 13% expense decline, doubling the profit margin to 22% from 11% in the prior year period.

CJREF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Oct 23, 2026	2026 (Q4)	-0.06 / -	-0.253	―
Jun 26, 2026	2026 (Q3)	-0.03 / -0.11	0.042	-350.00% (-0.15)
Apr 10, 2026	2026 (Q2)	-0.08 / -0.03	-0.147	80.95% (+0.12)
Jan 14, 2026	2026 (Q1)	<0.01 / >-0.01	0.098	-107.14% (-0.11)
Oct 30, 2025	2025 (Q4)	-0.07 / -0.25	-0.014	-1700.00% (-0.24)
Jun 26, 2025	2025 (Q3)	-0.03 / 0.04	-0.07	160.00% (+0.11)
Apr 11, 2025	2025 (Q2)	-0.09 / -0.15	-0.021	-600.00% (-0.13)
Jan 10, 2025	2025 (Q1)	0.07 / 0.10	0.14	-30.00% (-0.04)
Oct 25, 2024	2024 (Q4)	-0.05 / -0.01	-0.028	50.00% (+0.01)
Jul 15, 2024	2024 (Q3)	0.05 / -0.07	0.063	-211.11% (-0.13)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed