Cumulus Media Inc. (CMLS) to Release Earnings on Monday
Cumulus Media Inc. (NASDAQ:CMLS) will be releasing its earnings data on Monday, November 6th. Analysts expect Cumulus Media to post earnings of ($0.11) per share for the quarter.
Cumulus Media (NASDAQ:CMLS) last posted its quarterly earnings results on Monday, August 14th. The company reported $0.19 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.19. The business had revenue of $290.53 million for the quarter, compared to the consensus estimate of $288.00 million. On average, analysts expect Cumulus Media to post $-0.47 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Cumulus Media Inc. (CMLS) opened at 0.44 on Monday. The company’s market capitalization is $12.89 million. Cumulus Media Inc. has a 1-year low of $0.22 and a 1-year high of $1.61. The company’s 50 day moving average is $0.35 and its 200-day moving average is $0.39.
CMLS has been the subject of a number of research reports. Noble Financial reiterated a “hold” rating on shares of Cumulus Media in a report on Tuesday, August 15th. Zacks Investment Research lowered shares of Cumulus Media from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th.
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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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