Earnings Breakdown: Clear Channel Outdoor Q3

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.

Previous Earnings Records

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:

Peer Companies' Recent Earnings

It's important to consider Clear Channel Outdoor's numbers in relation to how its competitors, like PubMatic, TechTarget, and National CineMedia, have been performing.

Analysis of Competitors' Quarterly Earnings and Stock Performance

Insights into the market's response to the latest earnings releases of key competitors are provided in this analysis. It highlights the expected and announced earnings per share (EPS) for each company, along with their corresponding stock prices at the close of the announcement day and the open of the following trading day.

Peer Revenue Comparison: Estimated vs. Announced Revenue

The following table compares estimated and announced revenue figures for Clear Channel Outdoor's peers. This comparison provides insights into the revenue performance of these companies, offering valuable context to understand their financial standing within the industry.

To track all earnings releases for Clear Channel Outdoor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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