Clear Channel Outdoor Q1 revenue beats estimates

Clear Channel Outdoor Holdings

06/05/2026 11:16

Overview

U.S. out-of-home advertiser's Q1 revenue rose, beating analyst expectations

Q1 adjusted EBITDA increased 31%, also beating analyst expectations

Outlook

Company is not providing financial guidance due to pending merger

Result Drivers

AMERICA SEGMENT GROWTH - Revenue up 9.6% in America, led by strong demand from technology advertisers, Super Bowl LX impact, and higher print and digital billboard revenue

AIRPORTS SEGMENT GROWTH - Revenue up 19.1% in Airports, driven by San Francisco International Airport, Super Bowl LX, and increased conference activity

HIGHER OPERATING COSTS - Direct operating and SG&A expenses rose due to higher site lease expense and employee compensation, partially offset by lower payment processing fees

Company press release: ID:nPn3Q2VVfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$373.90 mln
$348.71 mln (3 Analysts)
Q1 Adjusted EBITDA
Beat
$103.80 mln
$86.30 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "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 $2.43, about 1.7% above its May 5 closing price of $2.39

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)