Entercom Communications: Q3 Earnings Insights

Shares of Entercom Communications ETM remained unaffected after the company reported Q3 results.

Quarterly Results

Earnings per share fell 103.12% over the past year to ($0.01), which beat the estimate of ($0.06).

Revenue of $268,505,000 decreased by 30.46% year over year, which beat the estimate of $266,950,000.

Looking Ahead

Entercom Communications hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 06, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=registration.jsp&referrer=https%3A%2F%2Fentercom.com%2F&eventid=2769938&sessionid=1&key=5A629130273C98A7F184A20875E6E183&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $5.22

52-week low: $0.75

Price action over last quarter: Up 9.94%

Company Overview

Entercom Communications Corp is a radio broadcasting company in the United States. It has a portfolio of approximately 125 radio stations in around 25 markets across the country. The company invests in local talent, news, sports, events, communities and people. The company generates revenue from the sale to advertisers of various services and products, including commercial broadcast time; digital advertising; local events; e-commerce where an advertiser's goods and services are sold through its websites; and integrated digital advertising solutions.