Clear Channel Outdoor (CCO) Scheduled to Post Quarterly Earnings on Wednesday

Clear Channel Outdoor (NYSE:CCO) will be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

Clear Channel Outdoor (NYSE CCO) opened at $4.65 on Wednesday. Clear Channel Outdoor has a 1-year low of $3.35 and a 1-year high of $6.35. The firm has a market cap of $1,710.00, a P/E ratio of 232.50 and a beta of 1.71. The company has a debt-to-equity ratio of -4.10, a current ratio of 1.47 and a quick ratio of 1.47.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Clear Channel Outdoor from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Scotiabank reiterated a “sell” rating and set a $12.00 target price on shares of Clear Channel Outdoor in a research note on Monday, December 4th. Loop Capital decreased their target price on shares of Clear Channel Outdoor from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. Finally, Cleveland Research lowered shares of Clear Channel Outdoor from a “buy” rating to a “neutral” rating in a research note on Friday, February 9th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $6.94.

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Clear Channel Outdoor Company Profile

Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. Its segments include Americas outdoor advertising (Americas) and International outdoor advertising (International).

Earnings History for Clear Channel Outdoor (NYSE:CCO)

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