Clear Channel Outdoor(CCO) ZACKS·2025-02-19 15:20Core Viewpoint - Clear Channel Outdoor (CCO) is expected to report a significant decline in quarterly earnings and revenues, with earnings per share (EPS) projected at $0.01, an 80% decrease year-over-year, and revenues forecasted at $449 million, a 29% decline compared to the previous year [1] Earnings Projections - Analysts have maintained the consensus EPS estimate for the quarter over the last 30 days, indicating a reassessment of initial estimates [1][2] - Revisions to earnings projections are crucial for predicting investor behavior and stock price performance [2] Revenue Estimates - 'Revenue- Other' is estimated to be $24.14 million, reflecting a year-over-year decrease of 21.1% [4] - 'Revenue- Airports' is projected at $114.13 million, indicating a slight increase of 2.6% from the same quarter last year [4] - 'Geographic Revenue- Europe-North' is expected to reach $194.67 million, a 1.5% increase year-over-year [4] - 'Geographic Revenue- Americas' is forecasted at $314.56 million, showing a 5.4% increase from the prior-year quarter [5] Adjusted EBITDA Estimates - 'Adjusted EBITDA- Airports' is anticipated to be $28.53 million, down from $30.11 million in the same quarter last year [5] - 'Adjusted EBITDA- Other' is estimated at $3.75 million, compared to $7.80 million a year ago [6] - 'Adjusted EBITDA- Europe-North' is projected to be $51.02 million, slightly down from $52.45 million in the previous year [6] - 'Adjusted EBITDA- Americas' is expected to reach $140.65 million, up from $136.16 million year-over-year [6] Stock Performance - CCO shares have declined by 6.7% over the past month, contrasting with the Zacks S&P 500 composite's increase of 4.7% [7] - CCO holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]