FY2026 Earnings Forecast for Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Issued By Barrington Research

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO - Free Report) - Analysts at Barrington Research dropped their FY2026 earnings estimates for Clear Channel Outdoor in a report released on Tuesday, April 23rd. Barrington Research analyst J. Goss now anticipates that the business services provider will earn ($0.15) per share for the year, down from their prior forecast of ($0.14). Barrington Research currently has a "Outperform" rating and a $2.50 target price on the stock. The consensus estimate for Clear Channel Outdoor's current full-year earnings is ($0.24) per share.

Clear Channel Outdoor (NYSE:CCO - Get Free Report) last announced its quarterly earnings results on Monday, February 26th. The business services provider reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.01. The firm had revenue of $632.11 million for the quarter, compared to analysts' expectations of $611.62 million. During the same period last year, the company posted $0.24 earnings per share.

Other equities analysts also recently issued reports about the stock. Morgan Stanley increased their price objective on shares of Clear Channel Outdoor from $1.50 to $2.00 and gave the company an "equal weight" rating in a report on Wednesday, February 28th. StockNews.com raised shares of Clear Channel Outdoor from a "sell" rating to a "hold" rating in a report on Friday, February 16th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $2.16.

Clear Channel Outdoor Stock Performance

NYSE CCO traded up $0.01 during mid-day trading on Thursday, reaching $1.45. 1,568,034 shares of the stock were exchanged, compared to its average volume of 2,344,312. The company has a market capitalization of $698.98 million, a P/E ratio of -2.22 and a beta of 2.88. Clear Channel Outdoor has a 1 year low of $0.99 and a 1 year high of $2.06. The business's 50 day moving average is $1.65 and its 200-day moving average is $1.56.

Hedge Funds Weigh In On Clear Channel Outdoor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. increased its position in Clear Channel Outdoor by 39.2% during the third quarter. Principal Financial Group Inc. now owns 55,130 shares of the business services provider's stock worth $87,000 after purchasing an additional 15,511 shares during the last quarter. Optas LLC acquired a new stake in Clear Channel Outdoor during the third quarter worth about $27,000. SG Americas Securities LLC increased its position in Clear Channel Outdoor by 19.9% during the third quarter. SG Americas Securities LLC now owns 143,417 shares of the business services provider's stock worth $227,000 after purchasing an additional 23,756 shares during the last quarter. CCG Wealth Management LLC acquired a new stake in Clear Channel Outdoor during the first quarter worth about $46,000. Finally, Quadrature Capital Ltd acquired a new stake in Clear Channel Outdoor during the fourth quarter worth about $68,000. 85.52% of the stock is owned by hedge funds and other institutional investors.

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.