Barclays Maintains Equal-Weight on Clear Channel Outdoor, Raises Price Target to $2.5
Barclays maintains Clear Channel Outdoor (NYSE:CCO) with a Equal-Weight and raises the price target from $2 to $2.5.
Looking into Clear Channel Outdoor’s Return on Capital Employed
After pulling data from Benzinga Pro it seems like during Q2, Clear Channel Outdoor (NYSE:CCO) earned $13.44 million, a 105.97% increase from the preceding quarter.
Clear Channel Outdoor Q2 Sales $531.08M Beat $496.42M Estimate
Clear Channel Outdoor (NYSE:CCO) reported quarterly sales of $531.08 million which beat the analyst consensus estimate of $496.42 million by 6.98 percent. This is a 68.65 percent increase over sales of $314.91 million
Earnings Scheduled For July 29, 2021
Companies Reporting Before The Bell
• Smith & Nephew (NYSE:SNN) is projected to report earnings for its second quarter.
Morgan Stanley Maintains Equal-Weight on Clear Channel Outdoor, Raises Price Target to $3
Morgan Stanley analyst Ben Swinburne maintains Clear Channel Outdoor (NYSE:CCO) with a Equal-Weight and raises the price target from $2.5 to $3.
Stocks That Hit 52-Week Highs On Thursday
Before 10 a.m. ET on Thursday, 258 companies set new 52-week highs.
Earnings Scheduled For May 10, 2021
Companies Reporting Before The Bell
• Revlon (NYSE:REV) is likely to report earnings for its first quarter.
• Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter.