iHeartMedia Inc expected to post earnings of 21cents a share - Earnings Preview

iHeartMedia

02/11/2022 02:03

* iHeartMedia Inc  IHRT.OQ   IHRT.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 3. 
    * The San Antonio Texas-based  company is expected to report
 a
5.1% increase in revenue to $975.445 million from $928.05
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 4 2022, for the period ended September 30, was for
revenue between $955.89 million and $993.01 million.
    * ​Refinitiv's mean analyst estimate for iHeartMedia Inc is
for
earnings of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "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 iHeartMedia
Inc
is $10​, above​ its last closing price of $8.55. ​​​

The company's guidance on August 4 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD955.89253 million
and USD255 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.06        0.08       0.15      Beat    79.1
 Mar. 31 2022  -0.27       -0.27      -0.33     Missed  -21.1
 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.        -0.08       -0.09      -0.22     Missed  -136.9
 30 2021                                                
 Mar. 31 2021  -0.55       -0.54      -1.65     Missed  -203.9
                                                        ​
 Dec. 31 2020  0.32        0.37       0.03      Missed  -91.8
 Sep. 30 2020  -0.21       -0.21      -0.22     Missed  -5.5
 This summary was machine generated November 2 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated