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

Wall Street analysts expect Iheartmedia Inc (NYSE:IHRT) to report earnings per share of $0.60 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Iheartmedia’s earnings. The highest EPS estimate is $0.75 and the lowest is $0.43. The business is scheduled to announce its next earnings report on Thursday, February 6th.

According to Zacks, analysts expect that Iheartmedia will report full year earnings of $1.65 per share for the current fiscal year, with EPS estimates ranging from $1.00 to $2.79. For the next fiscal year, analysts anticipate that the company will post earnings of $1.76 per share, with EPS estimates ranging from $1.40 to $2.45. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Iheartmedia.

Several research firms have weighed in on IHRT. Barrington Research restated an “outperform” rating and issued a $18.00 price objective on shares of Iheartmedia in a research report on Monday, November 4th. B. Riley reaffirmed a “neutral” rating on shares of Iheartmedia in a research note on Wednesday, September 18th.

NYSE IHRT traded down $0.03 on Wednesday, hitting $14.55. 341,400 shares of the company were exchanged, compared to its average volume of 259,108. The firm’s 50 day simple moving average is $15.01. Iheartmedia has a 1-year low of $12.73 and a 1-year high of $19.00.

Iheartmedia Company Profile

There is no company description available for iHeartMedia Inc

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