Cumulus Media: Q4 Earnings Insights - Cumulus Media (NASDAQ:CMLS)

Cumulus Media CMLS reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.

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

Cumulus Media missed estimated earnings by 96.88%, reporting an EPS of $0.02 versus an estimate of $0.64.

Revenue was up $6.41 million from the same period last year.

Last quarter the company beat on EPS by $0.15 which was followed by a 1.87% increase in the share price the next day.

Here's a look at Cumulus Media's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.33	-0.05	-1.38	0.02
EPS Actual	0.48	-0.16	-1.07	0.19
Revenue Estimate	237.53M	220.90M	192.23M	239.23M
Revenue Actual	237.72M	224.72M	201.73M	245.90M

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