US45174J5092 - Common Stock
Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) jumped 41.1% in the morning session after the company reported strong third quarter earnings that blew past analysts' EPS expectations. In addition, its revenue narrowly outperformed Wall Street's estimates. On the other hand, its EBITDA forecast for next quarter was underwhelming and its EBITDA guidance for the full year fell short of Wall Street's estimates. Overall, this was a mixed quarter.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Thursday. Let's explore the market movements and identify the stocks with significant gaps.
Global media and entertainment company iHeartMedia (NASDAQ:IHRT) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 5.8% year on year to $1.01 billion. Its GAAP profit of $0.27 per share was 3,283% above analysts’ consensus estimates.
Global media and entertainment company iHeartMedia (NASDAQ:IHRT) will be reporting results tomorrow before market open. Here’s what you need to know.
/PRNewswire/ -- K1 Investment Management, LLC ("K1"), one of the largest investors in small-cap enterprise software companies, today announced that its...
IHRT stock results show that iHeartMedia missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips iHeartMedia (NASDAQ:IHRT) just reported results for the second quarter of 2024....
When the market itself begins to pull back from recovrd levels, these stocks at 52-week highs could be poised to fall.
These stocks face significant financial struggles, with concerns about their long-term viability. Time to sell before bankruptcy.
/PRNewswire/ -- In its 13th year, the Ad Council and Project Yellow Light announced the winners of the annual Project Yellow Light scholarship competition....
Pacific Investment Management Co. is laying the groundwork for a potential brawl over the future of iHeartMedia Inc.