Cumulus Media(US:CMLS) ZACKS·2025-05-01 14:10Group 1 - Cumulus Media reported a quarterly loss of $1.88 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.29, and compared to a loss of $0.85 per share a year ago, indicating a significant earnings surprise of -45.74% [1] - The company posted revenues of $187.35 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.45%, and down from $200.05 million in the same quarter last year [2] - Cumulus shares have declined approximately 65.2% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] Group 2 - The earnings outlook for Cumulus is mixed, with the current consensus EPS estimate for the coming quarter at -$0.67 on revenues of $191.65 million, and -$3.21 on revenues of $776.2 million for the current fiscal year [7] - The Broadcast Radio and Television industry, to which Cumulus belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - TEGNA Inc., another company in the same industry, is expected to report quarterly earnings of $0.34 per share, reflecting a year-over-year decline of -24.4%, with revenues anticipated to be $677.17 million, down 5.2% from the previous year [9]