Eros International Plc Reports Results for First Quarter FY 2017

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Jefferies Raises Price Target on Eros Int'l (EROS) to $20 Following 1Q Report

September 12, 2016 7:52 AM EDT

Jefferies reiterated a Buy rating on Eros International Plc (NYSE: EROS), and raised the price target to $20.00 (from $17.00), following the company's 1Q earnings report. EROS reported revenues of $71M, ahead of $65M expectations. F2Q revenue and adjusted EBITDA estimates are $61M... More

Eros Int'l (EROS) Misses Q1 EPS by 8c; Updates Outlook

September 9, 2016 8:30 AM EDT

Eros Int'l (NYSE: EROS) reported Q1 EPS of $0.03, $0.08 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $71.1 million versus the consensus estimate of $72.31 million.

Adjusted EBITDA increased by 56% to $18.1 million, compared to $11.6 million in the prior year period

Eros Now has already crossed over 1.1 million active... More