Clear Channel Outdoor (CCO) Reports Q2 Loss, Misses Revenue Estimates
CCOClear Channel Outdoor(CCO) ZACKS·2024-08-07 20:16

Clear Channel Outdoor (CCO) came out with a quarterly loss of 0.06pershareversustheZacksConsensusEstimateofalossof0.06 per share versus the Zacks Consensus Estimate of a loss of 0.04. This compares to loss of 0.08pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−500.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this outdoor advertising company would post a loss of 0.18 per share when it actually produced a loss of $0.17, delivering a surprise of 5.56%.Over the last four quarters, th ...