iHeartMedia (IHRT) Expected to Announce Earnings on Monday

Key Points

• iHeartMedia is set to announce its Q2 2025 earnings on August 11, with analysts expecting a loss of $0.28 per share and revenue of $912.35 million.
• The company reported a loss of $0.63 per share in its last earnings announcement, missing expectations, while revenue was above forecast at $807.10 million.
• Insider transactions revealed that CEO Robert W. Pittman increased his stake in iHeartMedia by purchasing 200,000 shares at $1.22 each, bringing his total ownership to over 4.4 million shares.

iHeartMedia (NASDAQ:IHRT - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Monday, August 11th. Analysts expect the company to announce earnings of ($0.28) per share and revenue of $912.35 million for the quarter.

iHeartMedia (NASDAQ:IHRT - Get Free Report) last released its earnings results on Monday, May 12th. The company reported ($0.63) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.47) by ($0.16). The company had revenue of $807.10 million for the quarter, compared to the consensus estimate of $790.17 million. iHeartMedia had a negative return on equity of 2.84% and a negative net margin of 32.95%. On average, analysts expect iHeartMedia to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iHeartMedia Price Performance

IHRT stock traded up $0.05 during mid-day trading on Friday, reaching $1.67. The company had a trading volume of 115,675 shares, compared to its average volume of 725,142. The company has a market capitalization of $245.79 million, a price-to-earnings ratio of -0.20 and a beta of 1.86. iHeartMedia has a 52 week low of $0.95 and a 52 week high of $2.84. The stock has a 50 day simple moving average of $1.79 and a two-hundred day simple moving average of $1.67.

Analyst Upgrades and Downgrades

Several analysts have issued reports on IHRT shares. The Goldman Sachs Group upped their price target on shares of iHeartMedia from $1.00 to $1.25 and gave the stock a "neutral" rating in a research report on Wednesday, May 14th. Wall Street Zen upgraded shares of iHeartMedia from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, iHeartMedia has an average rating of "Hold" and an average price target of $2.92.

Insiders Place Their Bets

In related news, CEO Robert W. Pittman acquired 200,000 shares of iHeartMedia stock in a transaction on Thursday, May 15th. The stock was purchased at an average cost of $1.22 per share, with a total value of $244,000.00. Following the completion of the transaction, the chief executive officer directly owned 4,441,389 shares in the company, valued at $5,418,494.58. This trade represents a 4.72% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 8.50% of the company's stock.

Institutional Trading of iHeartMedia

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Strs Ohio acquired a new stake in iHeartMedia during the first quarter worth approximately $186,000. Geode Capital Management LLC grew its position in shares of iHeartMedia by 7.1% in the second quarter. Geode Capital Management LLC now owns 2,822,306 shares of the company's stock valued at $4,968,000 after purchasing an additional 186,402 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of iHeartMedia by 22.8% during the first quarter. Goldman Sachs Group Inc. now owns 2,872,316 shares of the company's stock worth $4,739,000 after purchasing an additional 532,414 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in iHeartMedia by 99.8% during the 1st quarter. AQR Capital Management LLC now owns 2,214,301 shares of the company's stock worth $3,654,000 after purchasing an additional 1,105,976 shares during the last quarter. Institutional investors own 93.89% of the company's stock.

About iHeartMedia

iHeartMedia, Inc operates as an audio media company in the United States and internationally. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates.