Cumulus Media Inc reports results for the quarter ended in December - Earnings Summary

Cumulus Media

23/02/2023 15:19

* Cumulus Media Inc  CMLS.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 38 cents per share.
    * Revenue fell 0.4% to $251.27 million from a year ago;
analysts
expected $240.27 million. 
    * Cumulus Media Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 26%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Cumulus Media Inc shares had fallen by 0.6% this quarter.
    * The company reported quarterly net income of $54 thousand.
    * Wall Street's median 12-month price target for Cumulus
Media Inc
is $14.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 03:19 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.38           0.00           Missed
 Sep. 30 2022      0.49           0.45           Missed
 Jun. 30 2022      0.53           0.42           Missed
 Mar. 31 2022      -0.38          -0.04          Beat