Overview
* Clear Channel Q2 revenue up 7%, beating analyst expectations, per LSEG data
* Posts Q2 net income, marking a turnaround from last year's loss
* Adjusted EBITDA for Q2 exceeds expectations, reflecting operational improvements
Outlook
* Company expects Q3 2025 revenue between $395 mln and $410 mln
* Clear Channel sees full-year 2025 revenue at $1.57 bln to $1.6 bln
* Company anticipates AFFO growth of 28% to 45% in 2025
* Clear Channel plans strategic investments to enhance shareholder value
Result Drivers
* AMERICA GROWTH - Revenue up 4.4% driven by new billboard contracts and digital expansion
* AIRPORTS DEMAND - Revenue up 15.6% due to strong advertising demand and digital revenue growth
* DIGITAL TRANSFORMATION - Focus on digital footprint and data analytics contributing to revenue growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $402.81 $399 mln
Revenue mln (5
Analysts
)
Q2 Net Beat $10.65
Income mln
Q2 Beat $128.56 $126.70
Adjusted mln mln (5
EBITDA Analysts
)
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
* The average consensus recommendation for the advertising & marketing peer group is "buy."
* Wall Street's median 12-month price target for Clear Channel Outdoor Holdings Inc ( CCO ) is $1.50, about 26.7% above its August 4 closing price of $1.10
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)