Cumulus Media CMLS reported its Q3 earnings results on Friday, October 28, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Cumulus Media missed estimated earnings by 6.25%, reporting an EPS of $0.45 versus an estimate of $0.48.
Revenue was down $4.25 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 1.56% drop in the share price the next day.
Here's a look at Cumulus Media's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.53 | 0.64 | 0.33 | |
EPS Actual | 0.34 | -0.04 | 0.02 | 0.48 |
Revenue Estimate | 235.80M | 218.70M | 253.51M | 237.53M |
Revenue Actual | 236.74M | 232.03M | 252.30M | 237.72M |
To track all earnings releases for Cumulus Media visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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