(Exclusive) Corus Entertainment Warrants Higher Valuation Despite Flat Revenue Growth Outlook

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About: Corus Entertainment Inc. (CJREF), Includes: DHXM
by: Ploutos Investing
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Ploutos Investing
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Summary

Corus Entertainment posted four straight quarters of TV advertising revenue growth in its Q4 F2019 earnings, but expects only flat revenue growth in F2020.

Corus continues to trade at a significant discount to its peers and pays a 4.4%-yielding dividend.

Free cash flow yield of 27% is attractive.

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Investment Thesis

In this week's Income Weekly article, we provide an update to Corus Entertainment (OTCPK:CJREF) (TSX: "CJR.B"). The company delivered an unimpressive Q4 F2019