Clear Channel Outdoor Set to Report Q3 Earnings on November 6

Clear Channel Outdoor (NYSE: CCO) is poised to release its third-quarter earnings for 2025 on November 6, before the market opens. Analysts predict the company will report earnings of ($0.04) per share, alongside revenue of $402.03 million for the quarter. Investors can access the earnings call scheduled for 8:30 AM ET on the same day through the company’s official investor relations page.

In the previous quarter, reported on August 5, Clear Channel Outdoor matched analysts’ expectations with earnings also at ($0.04) per share. The company generated revenue of $402.81 million, exceeding forecasts of $397.37 million. Following the last earnings announcement, the stock opened at $1.94 but has seen fluctuations, with a 12-month low of $0.81 and a high of $2.03. Currently, the company has a market capitalization of $961.72 million and a price-to-earnings ratio of 48.39.

Analysts Offer Mixed Ratings

Recent evaluations from analysts reflect a range of perspectives on Clear Channel Outdoor. On October 20, Cowen reaffirmed a “buy” rating, while TD Cowen raised its price target from $2.50 to $2.80, also maintaining a “buy” rating. Conversely, Weiss Ratings assigned a “sell (d+)” rating, indicating caution. In total, the consensus among analysts includes one Strong Buy, two Buy, two Hold, and two Sell ratings, leading to an average target price of $2.33.

Recent Insider Activity

In notable insider trading, major shareholder Ares Management LLC sold 13 million shares at an average price of $1.13, totaling approximately $14.69 million. This transaction has reduced Ares Management’s stake in Clear Channel Outdoor by 23.99%, leaving them with about 41.2 million shares valued at approximately $46.55 million. Insider ownership now stands at 7.70% of the company’s stock.

Institutional Movements

Institutional investors have shown continued interest in Clear Channel Outdoor. MIRAE ASSET GLOBAL ETFs HOLDINGS Ltd. increased its stake by 4.4% in the first quarter, now holding 211,124 shares valued at $234,000. Similarly, Millennium Management LLC raised its holdings by 22.9%, acquiring an additional 912,632 shares valued at $5.43 million. Overall, 85.52% of Clear Channel Outdoor’s stock is currently held by institutional investors, highlighting strong institutional confidence in the company.

Clear Channel Outdoor operates as a prominent out-of-home advertising firm with a broad international presence, providing diverse advertising services through billboards, street furniture displays, and airport advertising, among others. As the company approaches its earnings announcement, all eyes will be on its performance amidst a fluctuating market landscape.