Townsquare Media Inc expected to post earnings of 35 cents a share - Earnings Preview

Reuters
2024-11-06
<a href="https://laohu8.com/S/TSQ">Townsquare Media</a> Inc <tsq.n> expected to post earnings of 35 cents a share - Earnings Preview </tsq.n>
  • Townsquare Media Inc TSQ.N, TSQ is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

  • The Purchase New York-based company is expected to report a 0.3% increase in revenue to $115.474 million from $115.1 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on August 7 2024, for the period ended September 30, was for revenue between $114.00 million and $116.00 million. (Sale is on Total Revenue Basis)

  • ​LSEG's mean analyst estimate for Townsquare Media Inc is for earnings of 35 cents per share.

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

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

  • Wall Street's median 12-month price target for Townsquare Media Inc is 19.00​, above​ its last closing price of $9.92. ​​​

The company's guidance on August 7 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD114 million and USD27 million.

This summary was machine generated November 6 at 14:35 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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