Clear Channel Outdoor Q2 Sales $558.54M Miss $562.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clear Channel Outdoor (NYSE:CCO) reported Q2 sales of $558.54 million, missing the analyst consensus estimate of $562.37 million by 0.68%. This represents a 12.35% decrease from the same period last year.
August 07, 2024 | 10:04 am
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Clear Channel Outdoor reported Q2 sales of $558.54 million, missing the analyst consensus estimate of $562.37 million by 0.68%. This is a 12.35% decrease from the same period last year.
The company's Q2 sales missed analyst estimates and showed a significant year-over-year decline, which is likely to negatively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100