CuriosityStream (NASDAQ:CURI) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

CuriosityStream (NASDAQ:CURI) posted its earnings results on Wednesday. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05, Zacks reports. CuriosityStream had a net margin of 0.03% and a return on equity of 0.06%.

CuriosityStream Price Performance

NASDAQ CURI traded down $0.04 during trading on Wednesday, hitting $2.37. The company’s stock had a trading volume of 1,470,282 shares, compared to its average volume of 649,408. CuriosityStream has a fifty-two week low of $2.30 and a fifty-two week high of $5.10. The company has a market cap of $140.64 million, a PE ratio of 237.00 and a beta of 1.81. The business’s 50 day simple moving average is $2.77 and its 200-day simple moving average is $2.94.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on CURI shares. Zacks Research lowered shares of CuriosityStream from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Weiss Ratings raised CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, November 2nd. Finally, Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CuriosityStream presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

Insider Activity

In related news, CEO Clinton Stinchcomb acquired 30,000 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were purchased at an average price of $2.55 per share, for a total transaction of $76,500.00. Following the completion of the acquisition, the chief executive officer directly owned 3,001,260 shares in the company, valued at $7,653,213. The trade was a 1.01% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 31.10% of the stock is currently owned by company insiders.

CuriosityStream Company Profile

CuriosityStream Inc. is a media and entertainment company that operates a subscription streaming service focused on factual and nonfiction programming. Its content covers subjects such as science, technology, history, nature, space, engineering and society, with documentaries, series and other educational video programs available through digital platforms. The company distributes its programming through its own streaming service and through third-party distribution and technology partners. CuriosityStream has served viewers internationally, offering content through online and connected-TV platforms in multiple markets and making programming available in several languages through subtitles or dubbing.