Cumulus Media (CMLS) Reports Q3 Loss, Lags Revenue Estimates
CMLSCumulus Media(CMLS) ZACKS·2024-11-01 22:16

Cumulus Media (CMLS) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.96%. A quarter ago, it was expected that this radio station owner would post a loss of $0.49 per share when it actually produced a loss of $0.68, delivering a surprise of -38.78%.Over the last four quarters, the comp ...