Clear Channel Outdoor Holdings Inc CCO.N, CCO is expected to show a fall in quarterly revenue when it reports results on February 24 for the period ending December 31 2024
The San Antonio Texas-based company is expected to report a 6.3% decrease in revenue to $592.533 million from $632.11 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended December 31, was for revenue between $628.00 million and $653.00 million.
LSEG's mean analyst estimate for Clear Channel Outdoor Holdings Inc is for earnings of 1 cent per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "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 Clear Channel Outdoor Holdings Inc is $2.00, above its last closing price of $1.40.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
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 |
Dec. 31 2022 | 0.03 | 0.04 | 0.20 | Beat | 368.7 |
This summary was machine generated February 21 at 13:34 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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