2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------|----------------|------------|--------|----------------------------------|-------|-------------|-------|-------|-------|----------|----------------|-------|----------| | | | | | | | | | | | | | | | | Reconciliation of | Consolidated | Net | to | Loss FFO and AFFO | | | | | Three | March | Months 31, | Ended | | | (in thousands) | | | | | | | | | 2024 | | | | 2023 | | Consolidated net | loss | ...

The upcoming report from Clear Channel Outdoor (CCO) is expected to reveal quarterly loss of $0.18 per share, indicating an increase of 21.7% compared to the year-ago period. Analysts forecast revenues of $480.69 million, representing a decrease of 11.9% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announces ...

SAN ANTONIO, April 8, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2024 first quarter results before the market opens on Thursday, May 9, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. The conference call number 866-424-3432 (United States callers) or +1 215-268-9862 (international callers).  A live audio webcast of the conference call will be available on the "Events & Presentations" section of the C ...

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q4 2023 Earnings Conference Call February 26, 2024 8:30 AM ET Company Participants Eileen McLaughlin - VP, IR Scott Wells - CEO Brian Coleman - EVP and CFO Dave Sailer - CFO, Americas Conference Call Participants Cameron McVeigh - Morgan Stanley Steven Cahall - Wells Fargo Aaron Watts - Deutsche Bank Richard Choe - JPMorgan Jim Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Clear Channel Outdoor Holdings, In ...

• Focused on higher-margin U.S. market • Revenue: Up 0.5%, or $1.5 million ◦ Site lease expense up 46.4% to $65 million from $44 million driven by higher revenue Clear Channel International B.V. Statements of Loss | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Clear Channel Outdoor (CCO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this outdoor advertising company would post a loss of $0.09 per share when it actually produced a loss of $0.12, delivering a surprise of -33.33%.Over the last four qua ...

SAN ANTONIO, Feb. 26, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that it will offer, subject to market and customary conditions, $865,000,000 aggregate principal amount of Senior Secured Notes due 2030 (the "Notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be guaranteed on a senior secured basis by certain of the Company's wholly owned domestic subsidia ...

SAN ANTONIO, Feb. 26, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter and year ended December 31, 2023. "Our fourth quarter consolidated revenue of $632.1 million increased 12.4%, or 10.8% excluding movements in foreign exchange rates, reflecting improving business trends and solid execution from our operating team. The Airports and Europe-North segments both performed very strongly, while the America segment returned to ...

Airports revenue increased $55.2 million, or 21.5%, during 2023 compared to 2022 and $96.1 million, or 59.9%, during 2022 compared to 2021. During 2021, Airports revenue was adversely affected by COVID-19 as U.S. airport traffic was still well below pre-pandemic levels. As the travel industry continued to recover, with U.S. airport traffic increasing in 2022 and returning to pre-pandemic levels in 2023, demand for airport advertising also increased. 41 Table of Contents Airports revenue has benefited from o ...

Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2023 ---------------- San Antonio, TX, February 26, 2024 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter and year ended December 31, 2023. "Our fourth quarter consolidated revenue of $632.1 million increased 12.4%, or 10.8% excluding movements in foreign exchange rates, reflecting improving business trends and solid execution from our operating team ...