Clear Channel Outdoor (CCO) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks10-31

For the quarter ended September 2024, Clear Channel Outdoor (CCO) reported revenue of $558.99 million, up 6.1% over the same period last year. EPS came in at -$0.07, compared to -$0.12 in the year-ago...

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EPS came in at -$0.07, compared to -$0.12 in the year-ago...</p>\n\n<a href=\"https://finance.yahoo.com/news/clear-channel-outdoor-cco-reports-133040081.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Clear Channel Outdoor (CCO) Reports Q3 Earnings: What Key Metrics Have to Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nClear Channel Outdoor (CCO) Reports Q3 Earnings: What Key Metrics Have to Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 21:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/clear-channel-outdoor-cco-reports-133040081.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the quarter ended September 2024, Clear Channel Outdoor (CCO) reported revenue of $558.99 million, up 6.1% over the same period last year. EPS came in at -$0.07, compared to -$0.12 in the year-ago...</p>\n\n<a href=\"https://finance.yahoo.com/news/clear-channel-outdoor-cco-reports-133040081.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CCO","symbol_name":"Clear Channel Outdoor Holdings","start_time":0,"source_url":"https://finance.yahoo.com/news/clear-channel-outdoor-cco-reports-133040081.html","article_id":"2479030571","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZVGBNd2_.kAicju5mLde7g--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/71afbbc0512eb3c471136d93f39079c9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479030571","pubTimestamp":1730381440,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"For the quarter ended September 2024, Clear Channel Outdoor  reported revenue of $558.99 million, up 6.1% over the same period last year. EPS came in at -$0.07, compared to -$0.12 in the year-ago quarter.The reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $555.66 million. With the consensus EPS estimate being -$0.07, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Here is how Clear Channel Outdoor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:. Geographic Revenue- Europe-North: $166.36 million versus the three-analyst average estimate of $160.88 million. The reported number represents a year-over-year change of +11.4%.Geographic Revenue- Americ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CCO":"Clear Channel Outdoor Holdings"},"translate_title":"Clear Channel Outdoor(CCO)报告第三季度收益：关键指标说明了什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCO":1},"content_text":"For the quarter ended September 2024, Clear Channel Outdoor (CCO) reported revenue of $558.99 million, up 6.1% over the same period last year. EPS came in at -$0.07, compared to -$0.12 in the year-ago quarter.\nThe reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $555.66 million. With the consensus EPS estimate being -$0.07, the company has not delivered EPS surprise.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nSince these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.\nHere is how Clear Channel Outdoor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: \n\nAdjusted EBITDA- Corporate expenses: -33 compared to the -32 average estimate based on three analysts.\nGeographic Revenue- Europe-North: $166.36 million versus the three-analyst average estimate of $160.88 million. The reported number represents a year-over-year change of +11.4%.\nGeographic Revenue- Americas: $292.82 million versus the three-analyst average estimate of $291.54 million. The reported number represents a year-over-year change of +5%.\nRevenue- Other: $17.48 million versus $19.81 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -24.4% change.\nRevenue- Airports: $82.33 million compared to the $81.32 million average estimate based on three analysts. The reported number represents a change of +9% year over year.\nAdjusted EBITDA- Airports: $16.93 million versus the three-analyst average estimate of $14.85 million.\nAdjusted EBITDA- Other: $1.95 million versus $1.21 million estimated by three analysts on average.\n View all Key Company Metrics for Clear Channel Outdoor here>>>\n\nShares of Clear Channel Outdoor have returned -3.9% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.\n\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nClear Channel Outdoor Holdings, Inc. (CCO) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479030571"}