Cumulus Media Inc expected to post earnings of 38cents a share - Earnings Preview

Cumulus Media

21/02/2023 16:42

* Cumulus Media Inc  CMLS.OQ   CMLS.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 23. 
    * The Atlanta Georgia-based  company is expected to report 
a
4.8% decrease in revenue to $240.267 million from $252.3 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cumulus Media Inc
is for
earnings of 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 $14​, above​ its last closing price of $6.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.50        0.49       0.45      Missed  -8.2
 Jun. 30 2022  0.51        0.53       0.42      Missed  -20.3
 Mar. 31 2022  -0.39       -0.38      -0.04     Beat    89.5​
 Dec. 31 2021  0.61        0.64       0.84      Beat    31.3
 ​​Sep.        0.35        0.33       1.32      Beat    304.1
 30 2021                                                
 Jun. 30 2021  -0.03       -0.05      -0.29     Missed  -480​
 Mar. 31 2021  -1.23       -1.38      -1.07     Beat    22.7
 Dec. 31 2020  -0.06       0.02       0.16      Beat    859.8
 This summary was machine generated February 21 at 16:42 GMT. 
All figures in US dollars  unless otherwise stated