Clear Channel Outdoor Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Clear Channel Outdoor Holdings

24/02/2025 14:32

* Clear Channel Outdoor Holdings Inc  CCO.N  reported a
quarterly
adjusted loss of 4 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of 5 cents.  The mean expectation of
six analysts for the quarter was for earnings of one cent per
share. Wall Street expected results to range from -2 cents to 3
cents per share.
    * Revenue fell 32.5% to $426.72 million from a year ago;
analysts
expected $592.53 million. 
    * Clear Channel Outdoor Holdings Inc's reported EPS for the
quarter was a loss of 4 cents​.
    * The company reported a quarterly loss of $17.88 million.
    * Clear Channel Outdoor Holdings Inc shares had fallen
by 1.5%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 70%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the advertising &
marketing peer group is also "hold"

Wall Street's median 12-month price target for Clear Channel
Outdoor Holdings Inc is $2.00 
This summary was machine generated from LSEG data February 24 at
02:31 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.01           -0.04          Missed
 Sep. 30 2024      -0.06          -0.06          Met
 Jun. 30 2024      -0.05          -0.08          Missed
 Mar. 31 2024      -0.17          -0.19          Missed