Clear Channel Outdoor (CCO) Projected to Post Earnings on Thursday

Clear Channel Outdoor (NYSE:CCO - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $337.70 million for the quarter.

Clear Channel Outdoor Stock Up 3.4 %

Clear Channel Outdoor stock traded up $0.04 during midday trading on Tuesday, reaching $1.06. The stock had a trading volume of 377,830 shares, compared to its average volume of 1,674,146. The firm has a market capitalization of $517.01 million, a PE ratio of -3.60 and a beta of 2.72. Clear Channel Outdoor has a 12 month low of $0.81 and a 12 month high of $1.88. The firm's 50-day moving average price is $1.11 and its 200 day moving average price is $1.35.

Analysts Set New Price Targets

Separately, Barrington Research lowered shares of Clear Channel Outdoor from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 23rd.

Insiders Place Their Bets

In other Clear Channel Outdoor news, major shareholder Arturo R. Moreno bought 144,601 shares of Clear Channel Outdoor stock in a transaction that occurred on Thursday, April 24th. The stock was acquired at an average cost of $1.02 per share, for a total transaction of $147,493.02. Following the completion of the transaction, the insider now directly owns 61,643,729 shares in the company, valued at $62,876,603.58. This represents a 0.24 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders have bought 7,267,256 shares of company stock worth $6,980,873 in the last three months. 1.53% of the stock is currently owned by corporate insiders.

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.