iHeartMedia (IHRT) Reports Q2 Loss, Tops Revenue Estimates

Core Viewpoint - iHeartMedia reported a quarterly loss of $0.54 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.28, indicating a significant earnings surprise of -92.86% [1] Financial Performance - The company posted revenues of $933.65 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.58% and showing a slight increase from $929.09 million in the same quarter last year [2] - Over the last four quarters, iHeartMedia has exceeded consensus revenue estimates three times, but has only surpassed EPS estimates once [2] Stock Performance - iHeartMedia shares have declined approximately 19.2% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [3] - The stock currently holds a Zacks Rank of 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.07 on revenues of $966.8 million, while the estimate for the current fiscal year is -$1.80 on revenues of $3.74 billion [7] - The trend of estimate revisions for iHeartMedia has been unfavorable leading up to the earnings release, which may impact future stock movements [6] Industry Context - The Broadcast Radio and Television industry, to which iHeartMedia belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8]