Clear Channel Outdoor (CCO) Set to Announce Earnings on Monday

Clear Channel Outdoor (NYSE:CCO) will announce its Q4 2017 earnings results before the market opens on Monday, April 9th. Analysts expect the company to announce earnings of $0.03 per share for the quarter.

NYSE CCO opened at $4.95 on Friday. The company has a debt-to-equity ratio of -4.10, a quick ratio of 1.47 and a current ratio of 1.47. Clear Channel Outdoor has a 1 year low of $3.35 and a 1 year high of $6.15. The firm has a market cap of $1,783.52, a price-to-earnings ratio of 12.69 and a beta of 1.64.

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Several analysts have issued reports on CCO shares. ValuEngine lowered shares of Clear Channel Outdoor from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Clear Channel Outdoor from a “sell” rating to a “hold” rating in a research report on Monday, March 12th. Finally, Cleveland Research lowered shares of Clear Channel Outdoor from a “buy” rating to a “neutral” rating in a research report on Friday, February 9th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $7.33.

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About Clear Channel Outdoor

Clear Channel Outdoor Holdings, Inc, an outdoor advertising company, owns and operates advertising display faces. It operates in two segments, Americas Outdoor Advertising (Americas) and International Outdoor Advertising (International). The company offers advertising services through billboards comprising bulletins and posters; street furniture displays, including advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; and other out-of-home advertising displays, such as wallscapes and spectaculars, as well as mall displays and other small displays.

Earnings History for Clear Channel Outdoor (NYSE:CCO)

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