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.

Earnings

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.

Past Earnings Performance

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.

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