Clear Channel Outdoor Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview

Clear Channel Outdoor Holdings

29/04/2025 14:01

Clear Channel Outdoor Holdings Inc CCO.N, CCO is expected to show a fall in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The San Antonio Texas-based  company is expected to report a 30.0% decrease in revenue to $337.221 million from $481.75 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 24 2025, for the period ended March 31, was for revenue between $329.00 million and $344.00 million.

​LSEG's mean analyst estimate for Clear Channel Outdoor Holdings Inc is for a loss of 13 cents per share.

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 mean earnings estimate of analysts had fallen by about 35.7% in the last three months. ​

Wall Street's median 12-month price target for Clear Channel Outdoor Holdings Inc is $1.75​, above​ its last closing price of $1.02. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.00
0.01
-0.04
Missed
-655.6
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

This summary was machine generated April 29 at 13:01 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)