First quarter 2021 EPS estimates for Clear Channel Outside Holdings, Inc. (NYSE: CCO) lowered by analyst

Clear Channel Outside Holdings, Inc. (NYSE: CCO) – Inventory analysts at Barrington Analysis lowered their estimates of first quarter 2021 earnings per share for Clear Channel Outside in a report launched on Wednesday, March 3. Barrington Analysis analyst J. Goss now expects the enterprise companies supplier to publish earnings of ($ 0.30) per share for the quarter, down from their earlier estimate of ( $ 0.18). Barrington Analysis additionally launched estimates for Clear Channel Outside second quarter 2021 revenue at ($ 0.13) EPS, third quarter 2021 revenue at ($ 0.10) EPS, fourth quarter 2021 revenue at 0 .03 USD, Fiscal 2021 Revenue at ($ 0.51) EPS and Fiscal 2022 Revenue at ($ 0.32) EPS. Clear Channel Outside (NYSE: CCO) final reported its outcomes on Thursday, February 25. The enterprise companies supplier reported EPS of ($ 0.07) for the quarter, beating analyst consensus estimates of ($ 0.18) by $ 0.11.

A number of different inventory analysts have additionally just lately revealed experiences on CCO. Citigroup Inc. Minimal 3% coupon with capital protected primarily based on Russell downgrading Clear Channel Outside shares from a “purchase” ranking to a “impartial” ranking in a analysis word on Tuesday January fifth . Smith Barney Citigroup downgraded Clear Channel Outside shares from a “purchase” ranking to a “impartial” ranking in a analysis word on Tuesday, January 5. Morgan Stanley raised its value goal on Clear Channel Outside shares from $ 1.10 to $ 1.50 and gave the corporate an “equal weight” ranking in a analysis word on Wednesday, November 11. TD Securities downgraded shares of Clear Channel Outside to a “upkeep” ranking in a analysis word on Wednesday, December 16. To complete, Zacks funding analysis lifted the shares of Clear Channel Outside from a “maintain” ranking to a “purchase” ranking and set a value goal of $ 2.00 on the inventory in a analysis word on Tuesday, March 2. One funding analyst gave the inventory a promote ranking, seven issued a maintain ranking, and 4 gave the corporate a purchase ranking. The inventory at the moment has a consensus ranking of “Maintain” and a mean value goal of $ 4.90.

(A d)

Elon Musk has modified the way in which on-line funds are processed with Paypal. It modifications house exploration with SpaceX and the automotive trade …

Shares of Clear Channel Outside opened at $ 1.88 on Monday. The corporate’s fifty-day easy transferring common is $ 1.90 and its 200-day easy transferring common is $ 1.42. The inventory has a market cap of $ 878.48 million, a price-to-earnings ratio of -1.66 and a beta of two.60. Clear Channel Outside has a 12-month low of $ 0.36 and a 12-month excessive of $ 2.26.

A number of hedge funds and different institutional buyers have just lately modified their holdings within the firm. Ares Administration LLC strengthened its place in Clear Channel Outside shares by 3.5% within the 4th quarter. Ares Administration LLC now owns 35,879,772 shares of the enterprise service supplier valued at $ 59,202,000 after buying an extra 1,199,999 shares over the last quarter. Mason Capital Administration LLC strengthened its place in Clear Channel Outside shares by 17.7% within the third quarter. Mason Capital Administration LLC now owns 35,830,285 shares of the enterprise service supplier valued at $ 35,830,000 after buying an extra 5,396,000 shares within the final quarter. BlackRock Inc. strengthened its place in shares of Clear Channel Outside by 3.1% within the 4th quarter. BlackRock Inc. now owns 15,470,731 shares of the enterprise service supplier valued at $ 25,526,000 after buying an extra 465,656 shares within the final quarter. Morgan Stanley strengthened its place in Clear Channel Outside shares by 68,136.2% within the 4th quarter. Morgan Stanley now owns 10,932,127 shares of the enterprise companies supplier valued at $ 18,038,000 after buying an extra 10,916,106 shares within the final quarter. Lastly, JPMorgan Chase & Co. strengthened its place in Clear Channel Outside shares by 0.4% within the 4th quarter. JPMorgan Chase & Co. now owns 8,039,731 shares of the enterprise service supplier valued at $ 13,264,000 after buying an extra 29,330 shares within the final quarter. Institutional buyers maintain 93.14% of the corporate’s shares.

About Clear Channel Outside

Clear Channel Outside Holdings, Inc., an outside promoting firm, owns, operates and sells promoting shows in the US and all over the world. It operates by means of two segments, outside promoting within the Americas and worldwide outside promoting. The corporate gives promoting companies by means of billboards, together with newsletters and posters; transit indicators, that are promoting surfaces on numerous varieties of autos or in transit techniques; avenue furnishings shows, comparable to promoting surfaces in bus shelters, data kiosks, autonomous items and different public constructions; the spectaculars, that are customized show constructions that incorporate movies, multidimensional letters and numbers, mechanical units and transferring components, and different gildings; mural panorama, a show that drapes over or hangs over the perimeters of buildings or different constructions; and retail and different small shows.

Featured article: Internet revenue

History and revenue estimates for Clear Channel Outdoor (NYSE: CCO)

This prompt information alert was powered by storytelling know-how and monetary knowledge from MarketBeat to offer readers with the quickest, most correct experiences. This story was reviewed by the MarketBeat editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected]

7 well being actions serving innovation in 2021

All of us knew that conventional well being care companies had been disrupted in 2020. The patient-doctor relationship has gone digital. Within the early months of the pandemic, many individuals in want of elective surgical procedures merely didn’t have this feature out there to them. And even native pharmacies have taken on a brand new function in e-commerce, with door-to-door pickup or door-to-door supply of pharmaceuticals turning into the norm.

It is no shock that healthcare shares had been overwhelmed final 12 months. General, the sector was down 11%, nicely under the S&P 500 which climbed greater than 15%.

Nonetheless, the market is all the time seeking to the long run with a specific eye on innovation. The healthcare sector has many corporations which might be growing revolutionary approaches in areas comparable to gene enhancing. And different corporations are in late trials for medicine that may ship groundbreaking outcomes for situations that proceed to plague our world.

That is the item of this presentation. We’ve got recognized 7 healthcare actions that provide revolutionary concepts that can assist enhance affected person outcomes. And in some instances, it is going to fully revolutionize medication. These are additionally the shares that analysts are in search of.

See the “7 healthcare shares for innovation in 2021”.


Supply hyperlink

About Justin Howze

Check Also

Brooklyn restaurants ask DOT to change outdoor dining rules

News 12 Staff Sep 16, 2021, 9:41 PM Updated: Sep 16, 2021, 9:41 PM A …