Cumulus Media Inc. (NASDAQ:CMLS) to Release Quarterly Earnings on Monday
Cumulus Media Inc. (NASDAQ:CMLS) will be issuing its quarterly earnings data after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of $0.19 per share for the quarter.
Cumulus Media (NASDAQ:CMLS) last released its quarterly earnings data on Monday, May 15th. The company reported ($0.25) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.63) by $0.38. The company had revenue of $264.03 million for the quarter. On average, analysts expect Cumulus Media to post $-0.32 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Cumulus Media Inc. (CMLS) opened at 0.4214 on Monday. The firm’s market capitalization is $12.35 million. Cumulus Media Inc. has a 12-month low of $0.22 and a 12-month high of $3.28. The firm’s 50-day moving average price is $0.44 and its 200-day moving average price is $0.54.
A number of research analysts have issued reports on CMLS shares. Noble Financial restated a “hold” rating on shares of Cumulus Media in a research report on Thursday, May 18th. Zacks Investment Research lowered shares of Cumulus Media from a “buy” rating to a “hold” rating in a research report on Tuesday, May 30th.
About Cumulus Media
Cumulus Media Inc (Cumulus) is a radio broadcasting company. The Company is also a provider of country music and lifestyle content through its NASH brand, which serves through radio programming, NASH Country Weekly magazine and live events. Its product lines include broadcast advertising, digital advertising, political advertising and non-advertising based license fees.
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