CEO Mary Berner and CFO Frank Lopez-Balboa are putting the finishing touches on Cumulus Media’s third quarter 2022 earnings report.
All will be revealed in a morning earnings call scheduled for the final Friday in October.
The audio content creation and distribution specialist headquartered in Atlanta will host a conference call on Friday, October 28 at 8:30am Eastern to discuss its third quarter 2022 operating results.
That gives shareholders and the three Wall Street analysts approximately 30 minutes to digest the topline results, as Cumulus will sent out a press release containing a summary of the Q3 ’22 results at approximately 8am.
The consensus estimate from the trio of analysts is for Cumulus to see EPS of $0.48.
But, that’s based on a high estimate of $0.67 and a low estimate of $0.35, making the spread a wide one for Cumulus.
The consensus estimate for Cumulus’ Q3 ’22 revenue is for $232.23 million.
Cumulus Media shares finished Wednesday’s trading at $7.14 per share, down 3 cents.
