iHeartMedia Inc expected to post a loss of 28  cents a share - Earnings Preview

iHeartMedia

04/05/2022 03:06

* iHeartMedia Inc  IHRT.OQ   IHRT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 5. 
    * The San Antonio Texas-based  company is expected to report
 a
18.8% increase in revenue to $839.415 million from $706.67
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for iHeartMedia Inc is
for a
loss of 28 cents per share. For the same quarter last year, the
company reported a loss of $1.65 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 4.3%
in the last three months. ​
    * Wall Street's median 12-month price target for iHeartMedia
Inc
is $34​, above​ its last closing price of $16.50. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.48        0.51       0.76      Beat    48.1
 Sep. 30 2021  0.08        0.11       0.02      Missed  -81.2
 Jun. 30 2021  -0.08       -0.09      -0.22     Missed  -136.9
                                                        ​
 Mar. 31 2021  -0.55       -0.54      -1.65     Missed  -203.9
 ​​Dec.        0.32        0.37       0.03      Missed  -91.8
 31 2020                                                
 Sep. 30 2020  -0.21       -0.21      -0.22     Missed  -5.5​
 Jun. 30 2020  -0.79       -0.79      -1.35     Missed  -70.3
 Mar. 31 2020  -0.23       -0.25      -11.60    Missed  -4,560
                                                        .7
 This summary was machine generated May 4 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated