iHeartMedia (IHRT) to Release Earnings on Thursday

iHeartMedia (NASDAQ:IHRT - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

iHeartMedia (NASDAQ:IHRT - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.08. The business had revenue of $929.09 million during the quarter, compared to analyst estimates of $918.03 million. On average, analysts expect iHeartMedia to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iHeartMedia Stock Down 1.5 %

IHRT stock traded down $0.03 during midday trading on Thursday, reaching $1.98. 520,921 shares of the company's stock traded hands, compared to its average volume of 917,318. The company has a 50-day simple moving average of $1.76 and a two-hundred day simple moving average of $1.53. iHeartMedia has a 1-year low of $0.81 and a 1-year high of $3.12. The company has a market cap of $290.68 million, a price-to-earnings ratio of -0.30, a PEG ratio of 0.37 and a beta of 1.71.

iHeartMedia Company Profile

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.