iHeartMedia Inc reports results for the quarter ended in December - Earnings Summary

iHeartMedia

28/02/2023 22:51

* iHeartMedia Inc  IHRT.OQ  reported quarterly adjusted
earnings
of 53 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 6% to $1.13 billion from a year ago; analysts
expected $1.11 billion. 
    * iHeartMedia Inc's reported EPS for the quarter was 53
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * iHeartMedia Inc shares had risen by 15.3% this quarter.
    * The company reported quarterly net income of $79.88
million.
    * Wall Street's median 12-month price target for iHeartMedia
Inc
is $10.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 10:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.44           0.53           Beat
 Sep. 30 2022      0.20           -2.09          Missed
 Jun. 30 2022      0.08           0.15           Beat
 Mar. 31 2022      -0.27          -0.33          Missed