Clear Channel Outdoor (CCO) Expected to Announce Earnings on Thursday

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

Clear Channel Outdoor Stock Down 1.5 %

Shares of Clear Channel Outdoor stock traded down $0.02 during trading on Monday, hitting $1.01. 983,342 shares of the stock traded hands, compared to its average volume of 1,677,766. The firm's fifty day moving average is $1.12 and its 200-day moving average is $1.36. The stock has a market cap of $492.51 million, a price-to-earnings ratio of -3.47 and a beta of 2.72. Clear Channel Outdoor has a 52 week low of $0.81 and a 52 week high of $1.88.

Insider Activity

In other Clear Channel Outdoor news, major shareholder Arturo R. Moreno acquired 29,289 shares of the company's stock in a transaction on Monday, April 21st. The stock was acquired at an average price of $0.94 per share, for a total transaction of $27,531.66. Following the acquisition, the insider now owns 61,445,196 shares in the company, valued at $57,758,484.24. This represents a 0.05 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last quarter, insiders purchased 7,122,655 shares of company stock valued at $6,833,380. Insiders own 1.53% of the company's stock.

Analysts Set New Price Targets

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

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.