Clear Channel Outdoor (CCO) to Release Earnings on Monday

Clear Channel Outdoor (NYSE:CCO) is anticipated to release its earnings data before the market opens on Monday, February 24th. Analysts expect Clear Channel Outdoor to post earnings of $0.03 per share and revenue of $642.07 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Clear Channel Outdoor Stock Down 2.5 %

Shares of CCO stock opened at $1.37 on Friday. Clear Channel Outdoor has a 12-month low of $1.29 and a 12-month high of $2.06. The company has a market capitalization of $667.59 million, a P/E ratio of -4.71 and a beta of 3.03. The firm has a 50-day moving average price of $1.41 and a 200 day moving average price of $1.50.

Analyst Ratings Changes

Several brokerages recently issued reports on CCO. Barrington Research reissued an “outperform” rating and set a $2.50 price target on shares of Clear Channel Outdoor in a report on Thursday, October 31st. TD Cowen cut their price target on shares of Clear Channel Outdoor from $2.60 to $2.40 and set a “buy” rating for the company in a report on Friday, November 1st.

Clear Channel Outdoor Company Profile

Clear Channel Outdoor Holdings, Inc operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, and Other segments. The company provides advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, news racks, and other public structures; transit displays for rail stations and on various types of vehicles; retail displays; and airport advertising displays.