Recap: Clear Channel Outdoor Q2 Earnings



Clear Channel Outdoor CCO reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.

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


Clear Channel Outdoor missed estimated earnings by 125.0%, reporting an EPS of $-0.09 versus an estimate of $-0.04.

Revenue was up $112.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 5.67% drop in the share price the next day.

Here's a look at Clear Channel Outdoor's past performance:


Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.16 0.04 -0.09 -0.22
EPS Actual -0.19 0.13 -0.09 -0.27
Revenue Estimate 537.55M 741.45M 589.02M 496.42M
Revenue Actual 525.69M 742.71M 596.42M 531.08M

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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