From StockStory Inc.: 2025-05-11 13:28:00

iHeartMedia (NASDAQ:IHRT) is set to announce earnings tomorrow after market hours. Last quarter, the company missed revenue expectations by 4.1%, reporting revenues of $1.12 billion, up 4.8% year on year. Analysts expect a 1.6% revenue decline this quarter. Peers in the broadcasting segment, like Gray Television and TEGNA, have reported revenue declines. iHeartMedia is up 10.9% in the last month, with an average analyst price target of $2.83. Investors are optimistic about the broadcasting sector. Discover a profitable semiconductor stock benefiting from the rise of AI.



Read more at StockStory Inc.: iHeartMedia (IHRT) Q1 Earnings: What To Expect