BALTIMORE, June 28, 2024 /PRNewswire/ -- Clear Channel Outdoor, Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced a new partnership and sponsorship with Visit Annapolis & Anne Arundel County (VAAAC), a nonprofit Destination Marketing/Management Organization whose mission is to foster a welcoming destination and promote tourism on behalf of its visitors, partners, and community, to activate a cutting-edge, first-of-its-kind brand take ...

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Eileen McLaughlin - Investor Relations Scott Wells - Chief Executive Officer David Sailer - Chief Financial Officer Justin Cochrane - Chief Executive Officer, Clear Channel UK and Europe Conference Call Participants Cameron McVeigh - Morgan Stanley Daniel Osley - Wells Fargo Avi Steiner - JPMorgan Lance Vitanza - TD Cowen Aaron Watts - Deutsche Bank Jim Goss - Barrington Research Eile ...

Safe harbor statement and other information Guidance Non-GAAP Financial Information C | --- | |----------------------------------------------------------------------------------------| | | | Loss from continuing operations : Consolidated net loss 3 : $89 million (up 151.5%) | | Adjusted EBITDA 1,4 : $97 million (up 53.6%) | | • Up 53.0% excluding movements in FX 2 | | AFFO 1,4,5 : $(16) million (up 62.6%) | | ◦ Up 61.6% excluding movements in FX 2 | Reportable Segments and Discontinued Operations • 1Q 2024 ...

Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this outdoor advertising company would post earnings of $0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%.Over the last four quarters, ...

SAN ANTONIO, May 9, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended March 31, 2024. "We delivered first quarter consolidated revenue of $482 million, an increase of 10.1%, or 9.3% excluding movements in foreign exchange rates, reflecting record first quarter results in our America, Airports and Europe-North segments excluding sold markets and movements in foreign exchange rates," said Scott Wells, Chief Executive Of ...

| --- | --- | --- | --- | --- | |-------------------------------------------|-------|------------------------------|-------|-------------------------------| | (In thousands) \nAccounts receivable | $ | March 31, 2024 \n 438,518 | $ | December 31, 2023 \n514,891 | | Less: Allowance for credit losses | | (12,559) | | (15,080) | | Accounts receivable, net | $ | 425,959 | $ | 499,811 | Credit loss expense (reversal) related to accounts receivable of continuing operations was $(1.2) million and $2.7 million duri ...

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 ...