Cumulus Media (NASDAQ:CMLS – Get Free Report) will be posting its quarterly earnings results before the market opens on Friday, November 1st. Analysts expect Cumulus Media to post earnings of ($0.54) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Cumulus Media (NASDAQ:CMLS – Get Free Report) last released its earnings results on Friday, August 2nd. The company reported ($0.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.19). Cumulus Media had a negative net margin of 16.46% and a negative return on equity of 22.15%. The business had revenue of $204.85 million for the quarter, compared to analyst estimates of $206.00 million. During the same quarter in the previous year, the company posted ($0.06) earnings per share. On average, analysts expect Cumulus Media to post $-2 EPS for the current fiscal year and $-3 EPS for the next fiscal year.
Cumulus Media Stock Performance
Cumulus Media stock opened at $1.17 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 3.55. Cumulus Media has a 1 year low of $1.13 and a 1 year high of $5.51. The company has a market cap of $19.76 million, a PE ratio of -0.17 and a beta of 1.44. The company’s 50-day moving average is $1.46 and its two-hundred day moving average is $2.00.
Analyst Ratings Changes
Read Our Latest Stock Analysis on CMLS
About Cumulus Media
Cumulus Media Inc, an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners.
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