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Clear Channel Outdoor(CCO) - 2024 Q3 - Quarterly Results
2024-10-30 23:06
Exhibit 99.1 1 This is a non-GAAP financial measure. See "Supplemental Disclosures" section herein for more information. Clear Channel Outdoor Clear Channel Outdoor Holdings, Inc. Reports Results for the Third Quarter of 2024 ---------------- San Antonio, TX, October 31, 2024 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended September 30, 2024. "Our third quarter consolidated revenue of $559 million increased 6.1%, or 5.7% excluding mov ...
Philips Posts Weak Earnings, Joins Clear Channel Outdoor And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Benzinga· 2024-10-28 12:07
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Monday. Shares of Koninklijke Philips N.V. PHG fell sharply in today's pre-market trading after the company reported third-quarter EPS and sales below estimates and revised its 2024 outlook due to weak demand in China. On Monday, the company reported third-quarter adjusted EPS of 0.32 euros (or $0.35), missing the consensus of 0.35 euros. The Dutch conglomerate reported sales of 4.38 billion euros ($4.74 billio ...
Clear Channel Outdoor Holdings, Inc. Announces Termination of Agreement to Sell its Business in Spain to a Subsidiary of JCDecaux Following Regulatory Review
Prnewswire· 2024-10-28 06:40
SAN ANTONIO, Oct. 28, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that a subsidiary of JCDecaux SE has terminated the previously announced agreement to acquire the Company's business in Spain after deciding to withdraw its regulatory filing with the Spanish National Markets and Competition Commission (the "CNMC") in light of the commitments required by the CNMC. The Company will continue operating its business in Spain and remains focused on executin ...
Superstar USHER Featured on Digital Billboards that Shine a Light on Afterschool Programs
Prnewswire· 2024-10-09 18:30
Now in its 25th year, Lights On Afterschool is the only national rally for afterschool programs. Throughout October, programs across the country are holding events at schools, 4-Hs, Boys & Girls Clubs, YMCAs, museums, public parks, community centers, and other venues to celebrate the critical support these programs provide to youth and families. The events send the message that demand for afterschool programs is high, too many youth are without programs, and the end of federal pandemic relief funding will f ...
Clear Channel Outdoor Holdings, Inc. to Participate in Deutsche Bank's 32nd Annual Leveraged Finance Conference
Prnewswire· 2024-09-10 20:05
SAN ANTONIO, Sept. 10, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced today that David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. and Jason Menzel, Senior Vice President, Treasurer of Clear Channel Outdoor Holdings, Inc., are scheduled to present at Deutsche Bank's 32nd Annual Leveraged Finance Conference on Tuesday, September 24, 2024, at 9:20 a.m., Mountain Standard Time. The live audio webcast, as well as the replay, will be available on Clea ...
EagleBank Names New Chief Credit Officer
GlobeNewswire News Room· 2024-08-16 19:01
BETHESDA, Md., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced Chief Credit Officer Janice "Jan" Williams will be retiring from EagleBank on June 30, 2025. Jan's longstanding dedication and exceptional contributions have significantly driven the bank's strategic growth over the past two decades. "It has been my immense pleasure to work alongside Jan for so ma ...
Clear Channel Outdoor(CCO) - 2024 Q2 - Earnings Call Transcript
2024-08-07 17:20
Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Eileen McLaughlin - Vice President, Investor Relations Scott Wells - Chief Executive Officer David Sailer - Executive Vice President and Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Daniel Osley - Wells Fargo Avi Steiner - JPMorgan Lance Vitanza - TD Cowen Jim Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing b ...
Clear Channel Outdoor (CCO) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-07 14:36
Clear Channel Outdoor (CCO) reported $558.54 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 12.4%. EPS of -$0.06 for the same period compares to -$0.08 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $563.75 million, representing a surprise of -0.93%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being -$0.04. While investors closely watch year-over-year changes in headline numbers -- revenue and e ...
Clear Channel Outdoor (CCO) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-07 12:16
Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this outdoor advertising company would post a loss of $0.18 per share when it actually produced a loss of $0.17, delivering a surprise of 5.56%. Over the last four quarters, ...
Clear Channel Outdoor Holdings, Inc. Reports Results for the Second Quarter of 2024
Prnewswire· 2024-08-07 10:00
SAN ANTONIO, Aug. 7, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended June 30, 2024. "We delivered second quarter consolidated revenue of $559 million, an increase of 5.2%, or 5.4% excluding movements in foreign exchange rates, with growth in our America, Airports and Europe-North segments," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our performance reflects healthy demand from ...