Ad company Clear Channel Outdoor's Q2 revenue beats analyst expectations

Clear Channel Outdoor Holdings

05/08/2025 11:26

Overview

Clear Channel Q2 revenue up 7%, beating analyst expectations, per LSEG data

Posts Q2 net income, marking a turnaround from last year's loss

Adjusted EBITDA for Q2 exceeds expectations, reflecting operational improvements

Outlook

Company expects Q3 2025 revenue between $395 mln and $410 mln

Clear Channel sees full-year 2025 revenue at $1.57 bln to $1.6 bln

Company anticipates AFFO growth of 28% to 45% in 2025

Clear Channel plans strategic investments to enhance shareholder value

Result Drivers

AMERICA GROWTH - Revenue up 4.4% driven by new billboard contracts and digital expansion

AIRPORTS DEMAND - Revenue up 15.6% due to strong advertising demand and digital revenue growth

DIGITAL TRANSFORMATION - Focus on digital footprint and data analytics contributing to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$402.81 mln
$399 mln (5 Analysts)
Q2 Net Income
Beat
$10.65 mln
Q2 Adjusted EBITDA
Beat
$128.56 mln
$126.70 mln (5 Analysts)

Analyst Coverage

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 average consensus recommendation for the advertising & marketing peer group is "buy."

Wall Street's median 12-month price target for Clear Channel Outdoor Holdings Inc is $1.50, about 26.7% above its August 4 closing price of $1.10

Press Release: ID:nPn7BJXPya

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)