12:41 PM EST, 01/28/2025 (MT Newswires) -- National Bank is forecasting third-quarter revenue of $107.6 million and adjusted EPS of $0.34 for Stingray Group.

Analyst Adam Shine expects Broadcasting & Commercial Music (B&CM) to deliver revenue growth of 11.7% to $73.3 million. B&CM is being driven by Retail Media platform, anchored by the U.S.-based InStore Advertising Network.

Stingray Group reports its third-quarter results on Feb. 4.

Stingray is rated Outperform, with a $10 target.

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