Clear Channel Outdoor (NYSE:CCO - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $642.07 million for the quarter. Parties that wish to register for the company's conference call can do so using this link.
Clear Channel Outdoor Trading Down 1.7 %
NYSE CCO traded down $0.03 on Thursday, hitting $1.41. 1,113,564 shares of the company were exchanged, compared to its average volume of 1,056,496. Clear Channel Outdoor has a 12 month low of $1.29 and a 12 month high of $2.06. The company has a market cap of $687.16 million, a PE ratio of -4.84 and a beta of 3.03. The stock has a fifty day moving average of $1.42 and a 200-day moving average of $1.50.
Analyst Ratings Changes
Several analysts have recently commented on the company. TD Cowen reduced their target price on Clear Channel Outdoor from $2.60 to $2.40 and set a "buy" rating for the company in a research note on Friday, November 1st. Barrington Research reissued an "outperform" rating and issued a $2.50 price objective on shares of Clear Channel Outdoor in a research note on Thursday, October 31st.
View Our Latest Research Report on CCO
About Clear Channel Outdoor
(
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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.
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