Townsquare Media: Q3 Earnings Insights

Townsquare Media (NYSE:TSQ) reported its Q3 earnings results on Thursday, November 9, 2023 at 06:00 AM.

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

Townsquare Media beat estimated earnings by 43.75%, reporting an EPS of $0.46 versus an estimate of $0.32.

Revenue was down $5.53 million from the same period last year.

Last quarter the company missed on EPS by $0.3 which was followed by a 11.16% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.48	0.07	0.49	0.57
EPS Actual	0.18	0.08	0.66	0.47
Revenue Estimate	121.06M	100.84M	117.83M	122.32M
Revenue Actual	121.23M	103.11M	120.28M	120.64M

To track all earnings releases for Townsquare Media visit their earnings calendar here.

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