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October 23, 2023
IHeartMedia (NASDAQ:IHRT – Free Report) had its price objective cut by B. Riley from $12.00 to $7.00 in a report published on Thursday, Benzinga reports. They currently have a buy rating on the stock. B. Riley also issued estimates for iHeartMedia’s Q3 2023 earnings at $0.14 EPS, FY2026 earnings at $1.12 EPS and FY2027 earnings […]
September 25, 2023
IHeartMedia, Inc. (NASDAQ:IHRT – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the six analysts that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The […]
August 12, 2023
IHeartMedia, Inc. (NASDAQ:IHRT – Free Report) – Research analysts at B. Riley cut their Q3 2023 earnings estimates for shares of iHeartMedia in a note issued to investors on Wednesday, August 9th. B. Riley analyst D. Day now expects that the company will post earnings per share of $0.17 for the quarter, down from their […]
August 8, 2023
IHeartMedia, Inc. today reported financial results for the quarter ended June 30, 2023. Financial Highlights:1 Q2 2023 Consolidated Results Q2 Revenue of $920 million, down 3.6%; slightly...
August 8, 2023
Reporting its operating results for the second quarter of 2023, iHeartMedia reveals net revenue of $920 million, a decline of 3.6% over the same period in 2022. The company reports an operating loss of $897 million compared to the operating income of $82.9 million it reported in Q2 of 2022. After posting a net income…
August 8, 2023
08.08.2023 - iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2023. Financial Highlights:1 Q2 2023 Consolidated Results Q2 Revenue of $920 million, down 3.6%; slightly better than the guidance range of down ...
August 8, 2023
Second quarter 2023 revenue dipped 3.6% year-over-year to $920 million at iHEARTMEDIA, which the company quickly noted slightly beat its guidance of "down mid-single digits" for the quarter. Excluding political revenue, revenue declined 1.8%. Consolidated Adjusted EBITDA dropped from $237 million to $191 million, and GAAP Operating Income fell from a gain of $83 million to a loss of $897 million, which includes $961 million of non-cash intangible impairment charges.The companys ...
August 3, 2023
Shares of iHeartMedia, Inc. (NASDAQ:IHRT – Get Free Report) were up 7.4% during mid-day trading on Monday . The stock traded as high as $4.52 and last traded at $4.52. Approximately 181,717 shares were traded during trading, a decline of 83% from the average daily volume of 1,051,641 shares. The stock had previously closed at […]
July 14, 2023
IHeartMedia, Inc. (NASDAQ:IHRT – Get Free Report)’s stock price fell 5.7% during trading on Friday . The company traded as low as $4.13 and last traded at $4.15. 223,582 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 1,077,326 shares. The stock had previously closed at $4.40. Wall […]
July 10, 2023
IHeartMedia, Inc. (NASDAQ:IHRT – Free Report)’s stock price shot up 8.5% on Monday . The company traded as high as $4.36 and last traded at $4.32. 457,326 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 1,076,370 shares. The stock had previously closed at $3.98. Analysts Set New […]