Clear Channel Q3 revenue beats estimates on strong ad demand

Clear Channel Outdoor Holdings

06/11/2025 11:07

Overview

Clear Channel Q3 revenue up 8.1%, beating analyst expectations

Adjusted EBITDA for Q3 beats consensus, reflecting strong operational performance

Net loss for Q3 missed analyst estimates

Outlook

Company expects Q4 2025 revenue between $441 mln and $456 mln

Clear Channel sees full-year 2025 revenue between $1.584 bln and $1.599 bln

Company projects full-year 2025 AFFO between $85 mln and $95 mln

Result Drivers

AMERICA SEGMENT GROWTH - Driven by new MTA contract and increased digital billboard revenue

AIRPORTS SEGMENT GROWTH - Strong advertising demand and increased digital revenue at major hub airports

PORTFOLIO FOCUS - Sale of Spanish business to focus on U.S. market and reduce risk

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$405.64 mln
$402.03 mln (5 Analysts)
Q3 Net Income
Miss
-$58.85 mln
-$21.62 mln (4 Analysts)
Q3 Adjusted EBITDA
Beat
$132.52 mln
$130.95 mln (5 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 $1.93, about 6% above its November 5 closing price of $1.81

Press Release: ID:nPn42xS4ka

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