Cumulus Media Inc <CMLS.OQ> expected to post a loss of $1.29 a share - Earnings Preview
Cumulus Media Inc CMLS.OQ CMLS.O is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2025
The Atlanta Georgia-based company is expected to report a 5.0% decrease in revenue to $190.1 million from $200.05 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Cumulus Media Inc is for a loss of $1.29 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Cumulus Media Inc is $11.00, above its last closing price of $0.22.
This summary was machine generated April 29 at 13:17 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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