Clear Channel Outdoor Sees Q2 Revenue Of $547M - $572M Vs. $559.52M Est.
Portfolio Pulse from Benzinga Newsdesk
Clear Channel Outdoor forecasts Q2 revenue to be between $547M and $572M, compared to the estimated $559.52M.
May 09, 2024 | 10:07 am
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Clear Channel Outdoor anticipates its Q2 revenue to fall between $547M and $572M, which brackets the analyst estimate of $559.52M.
The revenue forecast by Clear Channel Outdoor is significant as it closely aligns with analyst expectations, potentially indicating a positive outlook for the company's financial performance. This could lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100