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Friday, May 6, 2022 | TALKERS magazine - talk media trade

NOW POSTED: This Weekend’s Installment of “The Michael Harrison Wrap: An Overview of the National Conversation.” The latest installment of the one-hour weekend special, “The Michael Harrison Wrap,” that looks back each week at the hottest topics discussed in American talk media per the research ...
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Short Interest in iHeartMedia, Inc. (NASDAQ:IHRT) Drops By 27.1%

IHeartMedia, Inc. (NASDAQ:IHRT – Get Rating) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 3,950,000 shares, a drop of 27.1% from the March 15th total of 5,420,000 shares. Based on an average daily trading volume, of 0 shares, the […]
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$839.26 Million in Sales Expected for iHeartMedia, Inc. (NASDAQ:IHRT) This Quarter

Brokerages expect iHeartMedia, Inc. (NASDAQ:IHRT – Get Rating) to post sales of $839.26 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for iHeartMedia’s earnings. The highest sales estimate is $846.25 million and the lowest is $834.90 million. iHeartMedia posted sales of $706.67 million in the same quarter last […]
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Analysts Expect iHeartMedia, Inc. (NASDAQ:IHRT) Will Announce Earnings of -$0.24 Per Share

Wall Street analysts expect iHeartMedia, Inc. (NASDAQ:IHRT – Get Rating) to report earnings of ($0.24) per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for iHeartMedia’s earnings, with estimates ranging from ($0.36) to ($0.15). iHeartMedia posted earnings of ($1.39) per share during the same quarter last year, which […]
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Revenue Rises For iHeartMedia In Fourth Quarter, With Radio Up 4.9% And Podcasting Up ...

IHEARTMEDIA fourth quarter 2021 revenue beat the companys guidance, rising 14% year-over-year to $1.062 billion, exceeding the prior 10% projection; excluding political revenue, total fourth quarter revenue jumped 25%. Consolidated Adjusted EBITDA was up 11% year-over-year to $294 million. Operating cash flow nearly doubled to $134 million, credited in large part to selling off or eliminating some real estate assets as the company consolidated its locations. Cash on hand at the end of the ...
Multiplatform Group Digital Audio Group Revenue Rises For Heartmedia In Fourth Quarter Consolidated Adjusted Free Cash Flow

Radio Q1 2021 Earnings Analysis: iHeart, Audacy, Cumulus

Shutterstock Expect broadcasters to report big growth this year as we emerge from the pandemic, but the context is everything. Radio stations were among the hardest hit entertainment companies in 2020, but theyre battling back to recapture some of their losses. This was reflected in the first quarter 2021 earnings reports issued last week by iHeartMedia, Audacy (formerly Entercom, pronounced like “odyssey”) and Cumulus, the three largest radio companies in the U.S. For all the gai...
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