iHeartMedia Q2 EPS $(0.52) Misses $(0.23) Estimate, Sales $977.239M Beat $970.152M Estimate
iHeartMedia (NASDAQ:IHRT) reported quarterly losses of $(0.52) per share which missed the analyst consensus estimate of $(0.23) by 126.09 percent. This is a 3.7 percent increase over losses of $(0.54) per share from the
iHeartMedia lost more money per share than experts expected, even though it sold a bit more stuff than predicted. When a company loses more money than people thought it would, that's a sign things might be tougher than hoped.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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