Clear Channel Outdoor Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview

Reuters
04/29
<a href="https://laohu8.com/S/CCO">Clear Channel Outdoor Holdings</a> Inc <cco.n> expected to post a loss of 13 cents a share - Earnings Preview </cco.n>
  • Clear Channel Outdoor Holdings Inc CCO.N, CCO is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2025

  • The San Antonio Texas-based company is expected to report a 30.0% decrease in revenue to $337.221 million from $481.75 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 24 2025, for the period ended March 31, was for revenue between $329.00 million and $344.00 million.

  • ​LSEG's mean analyst estimate for Clear Channel Outdoor Holdings Inc is for a loss of 13 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts had fallen by about 35.7% in the last three months. ​

  • Wall Street's median 12-month price target for Clear Channel Outdoor Holdings Inc is $1.75​, above​ its last closing price of $1.02. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

0.00

0.01

-0.04

Missed

-655.6

Sep. 30 2024

-0.06

-0.06

-0.06

Met

4.2

Jun. 30 2024

-0.05

-0.05

-0.08

Missed

-64.6​

Mar. 31 2024

-0.17

-0.17

-0.19

Missed

-9.4

​​Dec. 31 2023

0.04

0.04

0.05

Beat

29.9

Sep. 30 2023

-0.08

-0.08

-0.55

Missed

-565.9​

Jun. 30 2023

-0.06

-0.06

-0.08

Missed

-27.7

Mar. 31 2023

-0.18

-0.18

-0.27

Missed

-49.7

This summary was machine generated April 29 at 13:01 GMT. 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)

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