iHeartMedia, Inc. reports results for the quarter ended June 30 - Earnings Summary
iHeartMedia, Inc. reports results for the quarter ended June 30 - Earnings Summary
iHeartMedia, Inc. IHRT.OQ reported a quarterly adjusted loss of 55 cents per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for a loss of 28 cents per share. Wall Street expected results to range from -42 cents to -12 cents per share.
Revenue rose 4.7% to $977.24 million from a year ago; analysts expected $970.15 million.
iHeartMedia, Inc.'s reported EPS for the quarter was a loss of 55 cents.
The company reported a quarterly loss of $82.39 million.
iHeartMedia, Inc. shares had fallen by 10.0% this quarter and lost 7.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 48.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is "buy."
Wall Street's median 12-month price target for iHeartMedia, Inc. is $3.63, about 6.5% below its last closing price of $3.86
This summary was machine generated from LSEG data August 10 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.27 | -0.54 | Missed |
Mar. 31 2026 | -0.54 | -0.61 | Missed |
Dec. 31 2025 | 0.13 | -0.26 | Missed |
Sep. 30 2025 | -0.01 | -0.43 | Missed |
Recent news on iHeartMedia
See all newsiHeartMedia, Inc. reports results for the quarter ended June 30 - Earnings Summary
iHeartMedia Q2 revenue slightly beats estimates on higher political advertising
Brief: Disney+, Hulu, And iHeartMedia Announce Video Podcast Deal
Disney+, Hulu deepen video podcast push with iHeartMedia deal
iHeartMedia, Inc. expected to post a loss of 28 cents a share - Earnings Preview