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

iHeartMedia

03/11/2022 21:02

* iHeartMedia Inc  IHRT.OQ  reported a quarterly adjusted
loss of
$2.09​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 20 cents per share.
    * Revenue rose 6.6% to $988.93 million from a year ago;
analysts
expected $975.45 million. 
    * iHeartMedia Inc's reported EPS for the quarter was a loss
of
$2.09​.
    * The mean earnings estimate of analysts had fallen by
about 40.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * iHeartMedia Inc shares had risen by 6.3% this quarter and
lost 63.0% so far this year.
    * The company reported a quarterly loss of $310.36 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 November
3 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.20           -2.09          Missed
 Jun. 30 2022      0.08           0.15           Beat
 Mar. 31 2022      -0.27          -0.33          Missed
 Dec. 31 2021      0.51           0.76           Beat