Cumulus Media Inc expected to post a loss of 57 cents a share - Earnings Preview

Cumulus Media

25/02/2025 13:43

Cumulus Media Inc CMLS.OQ CMLS.O is expected to show a fall in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Atlanta Georgia-based  company is expected to report a 1.1% decrease in revenue to $218.8 million from $221.3 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Cumulus Media Inc is for a loss of 57 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Cumulus Media Inc is $11.00​, above​ its last closing price of $0.88. ​​​

This summary was machine generated February 25 at 13:43 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)