Reservoir Media, Inc. (RSVR) Reports Q1 Loss, Tops Revenue Estimates

Reservoir Media, Inc. (RSVR) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Reservoir Media, which belongs to the ...