Townsquare Media: Q3 Earnings Insights

Townsquare Media TSQ reported its Q3 earnings results on Thursday, November 9, 2023 at 06:00 AM.

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

Earnings

Townsquare Media beat estimated earnings by 43.75%, reporting an EPS of $0.46 versus an estimate of $0.32.

Revenue was down $5.53 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.3 which was followed by a 11.16% increase in the share price the next day.

Here's a look at Townsquare Media's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.48 0.07 0.49 0.57
EPS Actual 0.18 0.08 0.66 0.47
Revenue Estimate 121.06M 100.84M 117.83M 122.32M
Revenue Actual 121.23M 103.11M 120.28M 120.64M

To track all earnings releases for Townsquare Media visit their earnings calendar here.

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

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