Clear Channel Outdoor (CCO) Reports Q2 Earnings: What Key Metrics Have to Say
CCOClear Channel Outdoor(CCO) ZACKS·2024-08-07 22:36

Clear Channel Outdoor (CCO) reported 558.54millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof12.4558.54 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 12.4%. EPS of -0.06 for the same period compares to -0.08ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.08 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 563.75 million, representing a surprise of -0.93%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being -$0.04.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...