Clear Channel Outdoor HoldingsNYSE: CCO

Janice ‘Jan' Williams, CCO, Retires After 22 Years of Service to the Bank Janice ‘Jan' Williams, CCO, Retires After 22 Years of Service to the Bank

Although the revenue and EPS for Clear Channel Outdoor (CCO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.08 per share a year ago.

'Visit Annapolis' BWI Takeover of the 'Concourse Tunnel' and 20+ LCD Digital Screens will Reach 27 Million Leisure and Business Travelers Annually via Clear Channel Outdoor's Cutting Edge Media Network BALTIMORE , June 28, 2024 /PRNewswire/ -- Clear Channel Outdoor, Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced a new partnership and sponsorship with Visit Annapolis  & Anne Arundel County (VAAAC), a nonprofit Destination Marketing/Management Organization whose mission is to foster a welcoming destination and promote tourism on behalf of its visitors, partners, and community, to activate a cutting-edge, first-of-its-kind brand takeover of the Concourse at Baltimore/Washington International Thurgood Marshall Airport (BWI Marshall Airport). VAAAC will dominate BWI with its newest ad campaign starting in June, running for 16 months with arrival passengers experiencing the 'Visit Annapolis & Anne Arundel County tunnel' in the Concourse heading to baggage claim, immersing travelers in all the great things to do and experience in Annapolis, Maryland.

PHOENIX , June 20, 2024 /PRNewswire/ -- Starting this week, more than 100 digital billboards across the Valley will display critical local heat relief resources, thanks to a partnership between Maricopa County, Clear Channel Outdoor, the Maricopa Association of Governments and the City of Phoenix. Billboards owned by Clear Channel Outdoor will promote 211 Arizona to direct at-risk community members to one of 230+ local heat relief sites that can help them stay cool during Arizona's dangerous late spring and summer time heat.

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Clear Channel Outdoor (CCO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.24 per share a year ago.

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Clear Channel Outdoor jumped despite third-quarter results that were technically mixed relative to expectations. The out-of-home advertising company has made significant progress divesting its Europe-South segment over the past year, and plans to use proceeds to deleverage its balance sheet.