FY2025 EPS Estimates for CCO Cut by Barrington Research

Clear Channel Outdoor Holdings, Inc. (NYSE:CCOFree Report) – Barrington Research dropped their FY2025 earnings per share estimates for shares of Clear Channel Outdoor in a research report issued to clients and investors on Tuesday, November 11th. Barrington Research analyst P. Sholl now forecasts that the business services provider will post earnings of ($0.26) per share for the year, down from their prior estimate of ($0.19). Barrington Research currently has a “Market Perform” rating on the stock. Barrington Research also issued estimates for Clear Channel Outdoor’s Q3 2026 earnings at ($0.01) EPS and FY2026 earnings at ($0.11) EPS.

Clear Channel Outdoor (NYSE:CCOGet Free Report) last issued its earnings results on Thursday, November 6th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The company had revenue of $405.64 million during the quarter, compared to analyst estimates of $402.03 million. Clear Channel Outdoor has set its Q4 2025 guidance at EPS.

Several other equities analysts also recently commented on the company. Morgan Stanley set a $2.00 price target on Clear Channel Outdoor in a report on Monday. Cowen reiterated a “buy” rating on shares of Clear Channel Outdoor in a research report on Monday, October 20th. Wall Street Zen cut Clear Channel Outdoor from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Zacks Research raised shares of Clear Channel Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Finally, TD Cowen upped their target price on shares of Clear Channel Outdoor from $2.50 to $2.80 and gave the company a “buy” rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Clear Channel Outdoor presently has a consensus rating of “Hold” and an average price target of $2.32.

Get Our Latest Stock Report on Clear Channel Outdoor

Clear Channel Outdoor Stock Down 2.3%

Shares of Clear Channel Outdoor stock traded down $0.05 on Thursday, hitting $1.90. 229,778 shares of the company traded hands, compared to its average volume of 2,755,683. The company has a market cap of $941.84 million, a PE ratio of 47.39 and a beta of 2.63. The company has a 50-day moving average price of $1.59 and a 200 day moving average price of $1.30. Clear Channel Outdoor has a 12-month low of $0.81 and a 12-month high of $2.03.

Insiders Place Their Bets

In related news, major shareholder Ares Management Llc sold 13,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $1.13, for a total value of $14,690,000.00. Following the completion of the transaction, the insider owned 41,197,491 shares in the company, valued at $46,553,164.83. This trade represents a 23.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.70% of the stock is owned by corporate insiders.

Institutional Trading of Clear Channel Outdoor

Large investors have recently made changes to their positions in the company. Anson Funds Management LP increased its holdings in Clear Channel Outdoor by 7.8% during the 1st quarter. Anson Funds Management LP now owns 18,076,186 shares of the business services provider’s stock worth $20,065,000 after purchasing an additional 1,310,680 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Clear Channel Outdoor by 5.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 7,349,875 shares of the business services provider’s stock valued at $11,613,000 after buying an additional 357,700 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Clear Channel Outdoor by 0.9% during the second quarter. JPMorgan Chase & Co. now owns 6,775,078 shares of the business services provider’s stock worth $7,927,000 after purchasing an additional 59,366 shares during the period. Readystate Asset Management LP grew its stake in Clear Channel Outdoor by 37.9% in the 1st quarter. Readystate Asset Management LP now owns 6,267,547 shares of the business services provider’s stock valued at $6,957,000 after buying an additional 1,723,417 shares in the last quarter. Finally, Penn Capital Management Company LLC raised its stake in shares of Clear Channel Outdoor by 10.7% during the 1st quarter. Penn Capital Management Company LLC now owns 5,661,348 shares of the business services provider’s stock valued at $6,291,000 after purchasing an additional 547,282 shares during the period. 85.52% of the stock is currently owned by institutional investors and hedge funds.

About Clear Channel Outdoor

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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.

See Also

Earnings History and Estimates for Clear Channel Outdoor (NYSE:CCO)

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