Eros International Plc Reports Second Quarter Fiscal Year 2016 Results

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Eros (EROS) Ramps to Session Highs

November 19, 2015 3:20 PM EST

Eros (NYSE: EROS), a distributor of Indian language films that has recently been targeted by short seller Alpha Exposure, ran to session highs Thursday afternoon. Shares were up over 20%.

Earlier Alpha Exposure said there was an error in its calculation of TopCo... More

Jefferies Slashes Numbers on Eros International (EROS) But Keeps 'Buy'

November 18, 2015 8:40 AM EST

Jefferies analyst John Janedis slashed estimates and his price target on short-seller target Eros International Plc (NYSE: EROS) to $21.00 (from $40.00) but maintained a Buy rating following Q2 results.

John Janedi commented, "EROS reported F2Q, with strong rev growth offset by higher... More

Eros Int'l (EROS) Posts Q2 EPS of 12c/ADS; Sees Being FCF Positive by End of FY16

November 17, 2015 8:16 AM EST

(Updated - November 17, 2015 8:19 AM EST)

Eros Int'l (NYSE: EROS) reported Q2 EPS of $0.123, $0.27 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $98.8 million versus the consensus estimate of $90.71 million.

Adjusted EBITDA increased by 159.5% to $36 million, compared to $13.9 million... More