Clear Channel Outdoor Earnings Report: Q3 Overview

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

Here's what investors need to know about the announcement.

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.

Previous Earnings Records

During the previous quarter, the company beat on EPS by $0.01, 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

Competitors' Recent Earnings Updates

In light of Clear Channel Outdoor's earnings release, it's crucial to evaluate its performance relative to industry peers, including PubMatic, TechTarget, and National CineMedia.

PubMatic announced ...