Dolphin Entertainment Inc reports results for the quarter ended June 30 - Earnings Summary

• Dolphin Entertainment Inc DLPN.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -16 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share.

• Revenue rose 23% to $14.09 million from a year ago; analysts expected $13.00 million.

• Dolphin Entertainment Inc's reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $1.41 million.

• Dolphin Entertainment Inc shares had fallen by 0.4% this quarter and gained 7.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"

• Wall Street's median 12-month price target for Dolphin Entertainment Inc is $5.00, about 77.1% above its last closing price of $1.15

This summary was machine generated from LSEG data August 13 at 08:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)