iHeartMedia, Inc. (NASDAQ:IHRT ) Q1 2025 Earnings Conference Call May 12, 2025 4:30 PM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and Chief Executive Officer Rich Bressler - President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Sebastiano Petti - J.P. Morgan Aaron Watts - Deutsche Bank Patrick Sholl - Barrington Research Operator Good afternoon.
IHeartMedia (IHRT) came out with a quarterly loss of $0.63 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.12 per share a year ago.
iHeartMedia, Inc. (NASDAQ:IHRT ) Q4 2024 Earnings Call February 27, 2025 4:30 PM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and Chief Executive Officer Rich Bressler - President, Chief Operating Officer and Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Patrick Sholl - Barrington Research Stephen Laszczyk - Goldman Sachs Operator Good afternoon, and welcome to the iHeartMedia Q4 2024 Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded.
IHeartMedia (IHRT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.09 per share a year ago.
iHeartMedia's recent debt exchange and partial restructuring significantly increase equity value, presenting an undervalued "call option" with a potential upside of 30-50%. The company faces challenges from a declining radio broadcasting sector and high leverage, but digital diversification shows promise. The restructuring plan extends debt maturities to 2029-2031, reducing debt by $500 million and buying 2-3 more years for equity.
iHeartMedia, Inc. (NASDAQ:IHRT ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and CEO Rich Bressler - President, Chief Operating Officer and CFO Conference Call Participants Stephen Laszquez - Goldman Sachs Jim Goss - Barrington Research David Hamburger - Morgan Stanley Operator Thank you for standing by. My name is Rebecca, and I will be your conference operator today.
Why is iHeartMedia's stock soaring despite mixed earnings results? The headline numbers don't tell the whole story.
IHeartMedia (IHRT) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.06 per share a year ago.
IHeart Media is slashing hundreds of jobs as the debt-ridden radio and podcast giant has been crushed by music streaming, The Post has learned.
IHeartMedia (IHRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
iHeartMedia, Inc. benefits from political ad spending and interest rate cuts, generating positive cash flows to repay debt despite debt concerns. The company forecasts 2024 political ad revenue to rise 20%, boosting overall revenue growth and adjusted EBITDA performance. Podcast business growth is crucial, with the potential to reach $200-$300 million in quarterly sales, but needs double-digit growth to achieve targets.
Investors need to pay close attention to iHeartMedia (IHRT) stock based on the movements in the options market lately.