NYSE:EROS - New York Stock Exchange, Inc. -
Eros STX (NYSE:EROS) subsidiary, EIML, has received a long-term credit rating of ‘B’ from Acuité Ratings & Research Limited on its INR4.65B (about $62M) bank facilities.
Market volatility could present an opportunity to buy these stocks before they go on big winning streaks.
Disney (DIS +0.4%) is likely to postpone upcoming Marvel film Black Widow, Variety reports - a move that would set up a long, cold season for movie theaters.
EROS earnings call for the period ending March 31, 2020.
Companies Reporting Before The Bell • Mastercard Inc. (NYSE:MA) is expected to report quarterly earnings at $1.16 per share on revenue of $3.23 billion. • Moody's...
Gainers: BRY +13.1%. LWAY +7.1%.
Eros STX Global/Eros International (NYSE:EROS) is down 2.8% in early going after it reported fiscal Q1 results for its Indian subsidiary that swung to a loss in the COVID-19 pandemic.
Eros STX Global, formed through the merger of Eros International (EROS +2.2%) and STX Entertainment, has witnessed significant increases in both new subscriptions and consumer engagement on the Eros Now platform amid the stay-at-home compulsion orders across the world.For calendar 2022, Eros STX Global CEO Robert Simonds estimates 50M Eros Now monthly paying subscribers and ~$1B in revenue (assuming a normalization of the global economy and media landscape by the end of 2020); $50M in annual run-rate operating synergies and long-term EBITDA margins of ~20-25%.The companies plan to work on the $50M expected in merger-related synergies, mainly pertaining to global content production and monetization, overhead streamlining and global tax benefits.
Gainers Seres Therapeutics, Inc. (NASDAQ: MCRB) rose 189% to $13.39 in pre-market trading after the company announced the results from its SER-109 Phase 3 ECOSPOR III study in...
Cinema stocks are sharply higher in lockstep in recent minutes, in what may be mildly delayed reaction to news of a court decision allowing movie studios to own theaters again.
Eros International (EROS -1.5%) and STX Entertainment have completed their merger, becoming Eros STX Global.
Will Penny Stock News Act As A Big Catalyst For These Names Before August?
Eros International (NYSE:EROS): Q4 GAAP EPS of -₹124.53.Revenue ₹1.33B (-30.4% Y/Y).Shares -2.9% PM.Press Release
Eros International (NYSE:EROS) is up 5.8% today, making up the last week's lost ground, after news that its streaming service Eros Now is partnering with Sony India (SNE +2.3%).
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