Clear Channel Outdoor Holdings Full Year 2024 Earnings: Misses Expectations

Clear Channel Outdoor Holdings (NYSE:CCO) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.51b (down 29% from FY 2023).
• Net loss: US$127.1m (loss narrowed by 20% from FY 2023).
• US$0.26 loss per share (improved from US$0.33 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Clear Channel Outdoor Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 33%. Earnings per share (EPS) also missed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Media industry in the US.

Performance of the American Media industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Clear Channel Outdoor Holdings has 2 warning signs (and 1 which is significant) we think you should know about.

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