• iHeartMedia Inc IHRT.OQ reported a quarterly adjusted loss of 54 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-6.50. The mean expectation of four analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -32 cents to -21 cents per share.

• Revenue rose 0.5% to $933.65 million from a year ago; analysts expected $912.35 million.

• iHeartMedia Inc's reported EPS for the quarter was a loss of 54 cents​.

• The company reported a quarterly loss of $83.48 million.

• iHeartMedia Inc shares had fallen by 7.4% this quarter and lost 17.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is also "hold"

• Wall Street's median 12-month price target for iHeartMedia Inc is $1.58, about 3.5% below its last closing price of $1.63

This summary was machine generated from LSEG data August 12 at 04:26 p.m. UTC. ​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)