Central European Media Enterprises (NASDAQ:CETV) Announces Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Central European Media Enterprises (NASDAQ:CETV) announced its quarterly earnings data on Thursday, February 8th. The company reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.19), Yahoo Finance reports. The company had revenue of $196.15 million for the quarter. Central European Media Enterprises had a net margin of 7.87% and a negative return on equity of 86.29%.

Central European Media Enterprises (NASDAQ:CETV) traded down $0.05 during midday trading on Friday, hitting $4.65. 323,900 shares of the company traded hands, compared to its average volume of 179,589. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of -188.16. The company has a market cap of $681.33, a P/E ratio of 232.62 and a beta of 0.97. Central European Media Enterprises has a fifty-two week low of $2.75 and a fifty-two week high of $5.20.

CETV has been the subject of several recent research reports. ValuEngine downgraded shares of Central European Media Enterprises from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. BidaskClub downgraded shares of Central European Media Enterprises from a “hold” rating to a “sell” rating in a research report on Friday, December 15th.

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About Central European Media Enterprises

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

Earnings History for Central European Media Enterprises (NASDAQ:CETV)

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