Reservoir Media, Inc. (RSVR) Q4 Earnings and Revenues Beat Estimates

Reservoir Media, Inc. (RSVR) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced break-even earnings, delivering a surprise of 100%. Over the last four quarters, the comp ...