iHeartMedia Inc expected to post earnings of 44  cents a share - Earnings Preview

iHeartMedia

25/02/2023 02:24

* iHeartMedia Inc  IHRT.OQ   IHRT.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 28. 
    * The San Antonio Texas-based  company is expected to report
 a
4.2% increase in revenue to $1.107 billion from $1.06 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. The company's guidance on November 3 2022,
for the period ended December 31, was for revenue between $1.08
billion and $1.13 billion.
    * ​Refinitiv's mean analyst estimate for iHeartMedia Inc is
for
earnings of 44 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 $6.99. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1.08325938 billion
and USD325 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  
 Sep. 30 2022  0.20        0.20       -2.09     Missed  -1,138
                                                        .5
 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.        0.08        0.11       0.02      Missed  -81.2
 30 2021                                                
 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. 31 2020  0.32        0.37       0.03      Missed  -91.8
 This summary was machine generated February 25 at 02:24 GMT. 
All figures in US dollars  unless otherwise stated