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

iHeartMedia

05/11/2021 06:45

* iHeartMedia Inc  IHRT.OQ  reported quarterly adjusted earnings
of 2 cents​​ per share for the quarter ended in September. The
mean expectation of nine analysts for the quarter was
for earnings of 11 cents per share.
* Revenue rose 24.7% to $928.05 million from a year ago; 
analysts expected $911.16 million. 
* iHeartMedia Inc's reported EPS for the quarter was 2 cents​.
* The mean earnings estimate of analysts had fallen by
about 16.1% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* iHeartMedia Inc shares had fallen by 22.2% this quarter and
gained 49.9% so far this year.
* The company reported quarterly net income of $3.18 million.
* Wall Street's median 12-month price target for iHeartMedia Inc
is $32.50 
* 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." 
This summary was machine generated November 5 at 06:45 a.m.
 ​All figures in US dollars unless otherwise stated