iHeartMedia Inc expected to post earnings of 49  cents a share - Earnings Preview

iHeartMedia

22/02/2022 03:02

* iHeartMedia Inc  IHRT.OQ   IHRT.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 23. 
    * The San Antonio Texas-based  company is expected to report
 a
10.7% increase in revenue to $1.035 billion from $935.53 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for iHeartMedia Inc is
for
earnings of 49 cents per share. For the same quarter last year,
the company reported earnings of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "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 $33​, about 36.9% above​ its last closing price
of $20.82. ​​​
    * 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 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. 31 2020  0.32        0.37       0.03      Missed  -91.8
 ​​Sep.        -0.21       -0.21      -0.22     Missed  -5.5
 30 2020                                                
 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
 Dec. 31 2019  0.51        0.56       0.42      Missed  -24.9
 This summary was machine generated February 22 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated