Cumulus Media (NASDAQ:CMLS) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Cumulus Media missed estimated earnings by 96.88%, reporting an EPS of $0.02 versus an estimate of $0.64.
Revenue was up $6.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 1.87% increase in the share price the next day.
Here’s a look at Cumulus Media’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.33 | -0.05 | -1.38 | 0.02 |
| EPS Actual | 0.48 | -0.16 | -1.07 | 0.19 |
| Revenue Estimate | 237.53M | 220.90M | 192.23M | 239.23M |
| Revenue Actual | 237.72M | 224.72M | 201.73M | 245.90M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
