Clear Channel Outdoor (CCO) to Release Earnings on Tuesday

Key Points

• Clear Channel Outdoor is scheduled to announce its Q2 2025 earnings on August 5th, with analysts predicting a loss of ($0.06) per share and revenue of $397.37 million.
• The company reported an earnings surprise in its last quarter, with actual earnings of ($0.11) per share, beating estimates by $0.02, despite lower revenue than expected.
• Major shareholder Arturo R. Moreno and CEO Scott Wells recently increased their stakes in the company, indicating insider confidence in its future performance.

Clear Channel Outdoor (NYSE:CCO - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $397.37 million for the quarter. Clear Channel Outdoor has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

Clear Channel Outdoor (NYSE:CCO - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The business services provider reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.02. The business had revenue of $334.18 million during the quarter, compared to analysts' expectations of $337.70 million.

Clear Channel Outdoor Stock Performance

Shares of Clear Channel Outdoor stock traded down $0.05 on Wednesday, hitting $1.08. The company's stock had a trading volume of 4,437,646 shares, compared to its average volume of 1,614,655. Clear Channel Outdoor has a 1 year low of $0.81 and a 1 year high of $1.77. The firm has a fifty day moving average price of $1.15 and a 200-day moving average price of $1.18. The company has a market capitalization of $533.96 million, a price-to-earnings ratio of -17.91 and a beta of 2.58.

Insider Activity at Clear Channel Outdoor

In related news, CEO Scott Wells bought 50,000 shares of the stock in a transaction dated Tuesday, May 6th. The shares were acquired at an average cost of $1.08 per share, for a total transaction of $54,000.00. Following the acquisition, the chief executive officer directly owned 3,392,205 shares in the company, valued at approximately $3,663,581.40. This trade represents a 1.50% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Arturo R. Moreno acquired 325,567 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of $1.07 per share, for a total transaction of $348,356.69. Following the completion of the acquisition, the insider directly owned 62,552,674 shares of the company's stock, valued at $66,931,361.18. The trade was a 0.52% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 658,957 shares of company stock worth $708,963. Insiders own 7.70% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Clear Channel Outdoor stock. Millennium Management LLC boosted its holdings in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO - Free Report) by 22.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,893,895 shares of the business services provider's stock after acquiring an additional 912,632 shares during the period. Millennium Management LLC owned 1.00% of Clear Channel Outdoor worth $5,432,000 at the end of the most recent reporting period. 85.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Barrington Research reissued a "market perform" rating on shares of Clear Channel Outdoor in a report on Wednesday, July 23rd. Morgan Stanley reduced their target price on Clear Channel Outdoor from $2.00 to $1.50 and set an "equal weight" rating for the company in a report on Thursday, May 1st.

Clear Channel Outdoor Company Profile

Clear Channel Outdoor Holdings, Inc operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, and Other segments. The company provides advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, news racks, and other public structures; transit displays for rail stations and on various types of vehicles; retail displays; and airport advertising displays.