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Clear Channel Outdoor Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Clear Channel Outdoor Holdings Inc CCO.N reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -8 cents.  The mean expectation of five analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -7 cents to -2 cents per share.

Revenue fell 27.9% to $402.81 million from a year ago; analysts expected $398.97 million.

Clear Channel Outdoor Holdings Inc's reported EPS for the quarter was 2 cents​.

The company reported quarterly net income of $9.52 million.

Clear Channel Outdoor Holdings Inc shares had fallen by 6.0% this quarter and lost 19.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged 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 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 last closing price of $1.10

This summary was machine generated from LSEG data August 5 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.050.02Beat
Mar. 31 2025-0.130.13Beat
Dec. 31 20240.01-0.04Missed
Sep. 30 2024-0.06-0.06Met

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