Barrington Research Issues Positive Outlook for CCO Earnings

Key Points

• Barrington Research has raised its Q3 2025 earnings estimate for Clear Channel Outdoor to ($0.04) per share, improving from a previous estimate of ($0.06).
• Clear Channel Outdoor reported earnings of ($0.04) per share for the latest quarter, aligning with analysts' expectations, and generated revenue of $402.81 million, exceeding the consensus estimate.
• Morgan Stanley has lowered its price target for Clear Channel Outdoor stock from $2.00 to $1.50, maintaining an "equal weight" rating on the shares.

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO - Free Report) - Barrington Research lifted their Q3 2025 earnings per share estimates for shares of Clear Channel Outdoor in a research report issued on Thursday, August 7th. Barrington Research analyst P. Sholl now forecasts that the business services provider will earn ($0.04) per share for the quarter, up from their prior estimate of ($0.06). Barrington Research currently has a "Market Perform" rating on the stock. Barrington Research also issued estimates for Clear Channel Outdoor's FY2025 earnings at ($0.19) EPS, Q1 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.02 EPS and FY2026 earnings at ($0.13) EPS.

Clear Channel Outdoor (NYSE:CCO - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The business services provider reported ($0.04) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.04). The business had revenue of $402.81 million for the quarter, compared to analyst estimates of $397.37 million.

Separately, Morgan Stanley dropped their price target 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 Stock Down 3.8%

CCO stock traded down $0.05 during midday trading on Monday, reaching $1.13. 6,479,195 shares of the company's stock traded hands, compared to its average volume of 2,356,663. The company has a 50-day simple moving average of $1.15 and a two-hundred day simple moving average of $1.16. Clear Channel Outdoor has a 1-year low of $0.81 and a 1-year high of $1.77. The company has a market cap of $558.80 million, a price-to-earnings ratio of 28.13 and a beta of 2.65.

Insider Buying and Selling

In other news, major shareholder Arturo R. Moreno acquired 1,000,000 shares of the firm's stock in a transaction on Thursday, July 31st. The shares were purchased at an average cost of $1.07 per share, for a total transaction of $1,070,000.00. Following the transaction, the insider owned 65,612,859 shares of the company's stock, valued at approximately $70,205,759.13. This represents a 1.55% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders acquired 1,540,656 shares of company stock valued at $1,657,451. 7.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Clear Channel Outdoor in the 2nd quarter valued at $3,510,000. RBF Capital LLC bought a new position in shares of Clear Channel Outdoor in the 2nd quarter worth $152,000. Qube Research & Technologies Ltd bought a new position in shares of Clear Channel Outdoor in the 2nd quarter worth $1,861,000. Gamco Investors INC. ET AL boosted its position in shares of Clear Channel Outdoor by 16.1% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,992,175 shares of the business services provider's stock worth $8,181,000 after purchasing an additional 968,225 shares during the last quarter. Finally, Jump Financial LLC bought a new position in shares of Clear Channel Outdoor in the 2nd quarter worth $587,000. 85.52% of the stock is currently owned by institutional investors.

About Clear Channel Outdoor

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.