Audacy: Q2 Earnings Insights

Audacy AUD reported its Q2 earnings results on Friday, August 5, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Audacy missed estimated earnings by 133.33%, reporting an EPS of $-0.01 versus an estimate of $0.03.

Revenue was up $14.97 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 2.96% drop in the share price the next day.

Here's a look at Audacy's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.09	0.13		0.09
EPS Actual	-0.10	0.16	-0.04	0.01
Revenue Estimate	279.12M	342.35M	329.68M	308.24M
Revenue Actual	275.30M	344.73M	329.44M	304.46M

To track all earnings releases for Audacy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.