Cumulus Media Inc. (NASDAQ:CMLS) is scheduled to announce its earnings results on Monday, November 6th. Analysts expect the company to announce earnings of ($0.11) per share for the quarter.
Cumulus Media (NASDAQ:CMLS) last announced its quarterly earnings data on Monday, August 14th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.19. The business had revenue of $290.53 million during the quarter, compared to analyst estimates of $288.00 million.
Cumulus Media Inc. (NASDAQ:CMLS) opened at $0.31 on Friday. The company has a current ratio of 5.09, a quick ratio of 5.09 and a debt-to-equity ratio of -4.86.
CMLS has been the topic of several analyst reports. Zacks Investment Research lowered shares of Cumulus Media from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Noble Financial reaffirmed a “hold” rating on shares of Cumulus Media in a research report on Tuesday, August 15th.
About Cumulus Media
Cumulus Media Inc (Cumulus) is a radio broadcasting company. The Company is also a provider of country music and lifestyle content through its NASH brand, which serves through radio programming, NASH Country Weekly magazine and live events. Its product lines include broadcast advertising, digital advertising, political advertising and non-advertising based license fees.
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