Townsquare Media (TSQ) Reports Q1 Loss, Lags Revenue Estimates

Townsquare Media (TSQ) came out with a quarterly loss of $0.05 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this operator of radio stations in small and mid-sized markets would post earnings of $0.60 per share when it actually produced earnings of $0.60, delivering no surprise.Over the last four quarters, the company has not been able to surpass consensus EP ...