iHeartMedia Inc IHRT.OQ reported a quarterly adjusted loss of 54 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-6.50. The mean expectation of four analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -32 cents to -21 cents per share.
Revenue rose 0.5% to $933.65 million from a year ago; analysts expected $912.35 million.
iHeartMedia Inc's reported EPS for the quarter was a loss of 54 cents.
The company reported a quarterly loss of $83.48 million.
iHeartMedia Inc shares had fallen by 7.4% this quarter and lost 17.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 17.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is also "hold"
Wall Street's median 12-month price target for iHeartMedia Inc is $1.58, about 3.5% below its last closing price of $1.63
This summary was machine generated from LSEG data August 12 at 04:26 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2025 | -0.27 | -0.54 | Missed |
Mar. 31 2025 | -0.52 | -1.84 | Missed |
Dec. 31 2024 | 0.37 | 0.22 | Missed |
Sep. 30 2024 | 0.03 | -0.27 | Missed |