iHeartMedia (NASDAQ:IHRT) Exceeds Q1 Expectations
From StockStory: 2025-05-12 17:11:00
Global media and entertainment company iHeartMedia (NASDAQ:IHRT) reported Q1 CY2025 results, with revenue up 1% year on year to $807.1 million, beating analyst estimates. However, next quarter’s revenue guidance of $905.9 million was below expectations. EPS came in at $1.84, significantly above analyst estimates. Despite these results, the company’s long-term sales growth has been weak, with a 1% CAGR over the last five years. iHeartMedia’s operating margin improved this quarter but remains negative. The stock traded down 3.9% following the results. Investors should consider long-term fundamentals and valuation before buying.
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