Cumulus Media (NAS: CMLS) is expected to report Q2 earnings around July 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cumulus Media's revenues will wither -0.2% and EPS will expand 250.0%.
The average estimate for revenue is $280.5 million. On the bottom line, the average EPS estimate is $0.07.
Last quarter, Cumulus Media booked revenue of $232.9 million. GAAP reported sales were 1.3% lower than the prior-year quarter's $236.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.07. GAAP EPS were -$0.07 for Q1 compared to -$0.13 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.5%, 540 basis points worse than the prior-year quarter. Operating margin was 11.7%, 140 basis points worse than the prior-year quarter. Net margin was -3.9%, 120 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.07 billion. The average EPS estimate is $0.12.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 73 members out of 99 rating the stock outperform, and 26 members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Cumulus Media a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cumulus Media is buy, with an average price target of $4.06.
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The article Does The Street Have Cumulus Media Figured Out? originally appeared on Fool.com.
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