Clear Channel Outdoor (CCO) Q4 Earnings and Revenues Beat Estimates

Clear Channel Outdoor (CCO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of$ 0.04 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this outdoor advertising company would post a loss of$ 0.09 per share when it actually produced a loss of $0.12, delivering a surprise of -33.33%.Over the last four qua ...