Iheartmedia Inc (NYSE:IHRT) Expected to Announce Earnings of $0.60 Per Share

Brokerages forecast that Iheartmedia Inc (NYSE:IHRT) will announce $0.60 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Iheartmedia’s earnings. The highest EPS estimate is $0.75 and the lowest is $0.43. The company is scheduled to announce its next earnings results on Thursday, February 6th.

According to Zacks, analysts expect that Iheartmedia will report full year earnings of $1.65 per share for the current year, with EPS estimates ranging from $1.00 to $2.79. For the next year, analysts forecast that the company will report earnings of $1.76 per share, with EPS estimates ranging from $1.40 to $2.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Iheartmedia.

Several equities analysts recently commented on the company. Barrington Research reiterated an “outperform” rating and issued a $18.00 target price on shares of Iheartmedia in a research note on Monday, November 4th. B. Riley reissued a “neutral” rating on shares of Iheartmedia in a research note on Wednesday, September 18th.

Shares of NYSE IHRT opened at $14.58 on Wednesday. Iheartmedia has a 12 month low of $12.73 and a 12 month high of $19.00. The business’s 50-day moving average price is $15.01.

About Iheartmedia

There is no company description available for iHeartMedia Inc

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