Earnings Preview For Cumulus Media
Portfolio Pulse from Benzinga Insights
Cumulus Media (NASDAQ:CMLS) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $-0.37. The company's stock performance has been generally negative over the last 52-week period, with shares down 37.91%. Last quarter, the company missed EPS by $0.06, which was followed by a 9.16% increase in the share price the next day.
July 27, 2023 | 3:03 pm
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Cumulus Media is expected to report an EPS of $-0.37 in its upcoming earnings report. The company's shares have been on a downward trend, decreasing by 37.91% over the past year.
The company's stock has been on a downward trend, which may continue if the company does not meet or exceed the estimated EPS. Last quarter's miss was followed by a share price increase, but this is not guaranteed to happen again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100