Clear Channel Outdoor Q3 Earnings Assessment

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

Here's what's important from the earnings 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.

Analysis of Past Earnings

The company beat on EPS by $0.01 in the last quarter, resulting in a 3.0% drop share price change the following 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

Latest Earnings Reports from Competitors

With Clear Channel Outdoor's earnings data now available, it's crucial to gauge how its competitors, including PubMatic, TechTarget, and National CineMedia, have been performing.

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