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iHeartMedia Inc reports results for the quarter ended March 31 - Earnings Summary

iHeartMedia Inc IHRT.OQ reported a quarterly adjusted loss of $1.84​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -12 cents.  The mean expectation of five analysts for the quarter was for a loss of 52 cents per share. Wall Street expected results to range from -61 cents to -43 cents per share.

Revenue rose 1% to $807.10 million from a year ago; analysts expected $787.36 million.

iHeartMedia Inc's reported EPS for the quarter was a loss of $1.84​.

The company reported a quarterly loss of $281.22 million.

iHeartMedia Inc shares had fallen by 23.6% this quarter and lost 36.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 13.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is also "hold"

Wall Street's median 12-month price target for iHeartMedia Inc is $3.00

This summary was machine generated from LSEG data May 12 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.52-1.84Missed
Dec. 31 20240.370.22Missed
Sep. 30 20240.03-0.27Missed
Jun. 30 2024-0.31-6.50Missed

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