Clear Channel Outdoor: Q3 Earnings Insights

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

Here's a breakdown 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

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 that recently released earnings

When analyzing Clear Channel Outdoor's numbers, it's imperative to put them into context by comparing them to those of its competitors, like PubMatic, TechTarget, and ...