iHeartMedia Inc expected to post earnings of 37 cents a share - Earnings Preview

iHeartMedia

25/02/2025 21:04

iHeartMedia Inc IHRT.OQ IHRT.O is expected to show a rise in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The San Antonio Texas-based  company is expected to report a 9.3% increase in revenue to $1.166 billion from $1.07 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $1.14 billion and $1.16 billion.

​LSEG's mean analyst estimate for iHeartMedia Inc is for earnings of 37 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "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 $3.00​, above​ its last closing price of $2.26. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD290 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.02
0.03
-0.27
Missed
-1,180
Jun. 30 2024
-0.31
-0.31
-6.50
Missed
-1,983.3
Mar. 31 2024
-0.54
-0.56
-0.12
Beat
78.6​
Dec. 31 2023
-0.01
0.03
0.01
Missed
-62.5
​​Sep. 30 2023
-0.04
-0.05
-0.06
Missed
-11.1
Jun. 30 2023
-0.20
-0.19
-5.93
Missed
-3,021.1​
Mar. 31 2023
-0.74
-0.75
-1.50
Missed
-100.7
Dec. 31 2022
0.44
0.44
0.53
Beat
21.5

This summary was machine generated February 25 at 21:04 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)