Clear Channel Outdoor Earnings Analysis: Q3 Recap

Clear Channel Outdoor (NYSE:CCO) just disclosed its Q3 earnings on Thursday, October 31, 2024 at 06:00 AM.

Here's a brief overview of the earnings report.

Earnings

Clear Channel Outdoor missed estimated earnings by 0.0%, reporting an EPS of $-0.06 versus an estimate of $-0.06.

Revenue was up $32.20 million from the same period last year.

Overview of Past Earnings

The company beat on EPS by $0.01 in the previous quarter, leading to a 3.0% drop share price change the next day.

Here's a look at Clear Channel Outdoor's past performance:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.06

-0.05

-0.17

0.04

-0.08

EPS Actual

-0.06

-0.04

-0.17

0.05

-0.11

Revenue Estimate

557.41M

562.37M

478.55M

610.14M

594.92M

Revenue Actual

558.99M

558.54M

481.75M

632.11M

526.79M

Peer Companies' Recent Earnings

As we review Clear Channel Outdoor's earnings, it's important to put its results into perspective by comparing them to those of its competitors, such as PubMatic, TechTarget, and National CineMedia.

PubMatic, earnings revealed on August 08, ...