Entercom Gets The Big Quarter Its Been Waiting For


Investors and observers alike have been scrutinizing Entercom Communications and when it will start to see big dividends from its Reverse Morris Trust-fueled merger with CBS Radio.

It appears that time has finally come, given the strong Q4 2019 results and positive outlook for 2020 offered by the company led by President/CEO David Field on Tuesday (2/25). Shareholders appeared to agree, with ETM soaring by more than 7% by the time the Entercom quarterly earnings call with Wall Street analysts began.

As of 11:20am Eastern, the growth had tempered a bit, with shares up 4.1% to $4.44.

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