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

iHeartMedia

06/05/2022 19:46

* iHeartMedia Inc  IHRT.OQ  reported a quarterly adjusted
loss
of 33 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 27 cents per share.
    * Revenue rose 19.4% to $843.46 million from a year ago; 
analysts
expected $839.42 million. 
    * iHeartMedia Inc's reported EPS for the quarter was a loss
of 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 151.5% in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * iHeartMedia Inc shares had fallen by 15.4% this
quarter and
lost 23.9% so far this year.
    * The company reported a quarterly loss of $48.58 million.
    * Wall Street's median 12-month price target for iHeartMedia
Inc
is $30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 06:46 p.m.  ​All
figures in US dollars unless otherwise stated