Clear Channel Outdoor (CCO) Reports Q1 Loss, Tops Revenue Estimates
CCOClear Channel Outdoor(CCO) Zacks Investment Research·2024-05-09 20:26

Clear Channel Outdoor (CCO) came out with a quarterly loss of 0.17pershareversustheZacksConsensusEstimateofalossof0.17 per share versus the Zacks Consensus Estimate of a loss of 0.18. This compares to loss of 0.23pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof5.560.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this outdoor advertising company would post earnings of 0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%. Over the last four quarter ...