Clear Channel Outdoor Holdings Inc expected to post earnings of 1 cent a share - Earnings Preview

Reuters
02-21
<a href="https://laohu8.com/S/CCO">Clear Channel Outdoor Holdings</a> Inc <cco.n> expected to post earnings of 1 cent 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 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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