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CCO / Clear Channel Outdoor: Buy Now Before Earnings And Potential Sale Of Assets

Clear Channel Outdoor: Buy Now Before Earnings And Potential Sale Of Assets
If management announces a sale of the European business when the company releases earnings on August 8th, the shares could rally sharply higher. CCO can use proceeds to pay down debt and deleverage as the European division has limited EBITDA, and debt reduction would generate significant interest cost savings. Read More
Posted: Jul 27 2022, 15:37
Author Name: Seeking Alpha
Views: 111588

CCO News  

SEC says Clear Channel Outdoor Holdings settles charges of bribing Chinese officials

By Reuters
September 28, 2023

SEC says Clear Channel Outdoor Holdings settles charges of bribing Chinese officials

The U.S. Securities and Exchange Commission said on Thursday that advertising company Clear Channel Outdoor Holdings agreed to pay more than $26 milli more_horizontal

Clear Channel Outdoor: Too Much Uncertainty And A Load Of Debt

By Seeking Alpha
September 14, 2023

Clear Channel Outdoor: Too Much Uncertainty And A Load Of Debt

Hold rating recommended for Clear Channel Outdoor due to uncertainty in near-term performance and lack of confidence in macroeconomic recovery. Clear more_horizontal

Clear Channel Outdoor Holdings, Inc. (CCO) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 7, 2023

Clear Channel Outdoor Holdings, Inc. (CCO) Q2 2023 Earnings Call Transcript

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO ) Q2 2023 Earnings Conference Call August 7, 2023 8:30 AM ET Company Participants Eileen McLaughlin - V more_horizontal

Clear Channel Outdoor (CCO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
August 7, 2023

Clear Channel Outdoor (CCO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Clear Channel Outdoor (CCO) give a sense of how its business performed in the quarter ended June 2023, it might be wo more_horizontal

Clear Channel Outdoor (CCO) Reports Q2 Loss, Tops Revenue Estimates

By Zacks Investment Research
August 7, 2023

Clear Channel Outdoor (CCO) Reports Q2 Loss, Tops Revenue Estimates

Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to more_horizontal

Clear Channel Outdoor enters exclusive talks with Equinox Industries on sale of its France business

By Market Watch
July 17, 2023

Clear Channel Outdoor enters exclusive talks with Equinox Industries on sale of its France business

Clear Channel Outdoor Holdings Inc. CCO, +0.60% said Monday it has entered exclusive talks with Equinox Industries, a Paris-based industrial holding c more_horizontal

Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor

By CNBC
July 1, 2023

Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor

The billboard giant can become a U.S. pure play or weigh a sale of a few of its stateside assets. more_horizontal

Clear Channel Outdoor: European Business Sale Might Lead To A Substantial Upside

By Seeking Alpha
May 23, 2023

Clear Channel Outdoor: European Business Sale Might Lead To A Substantial Upside

Outdoor advertising company Clear Channel Outdoor has recently come under pressure from activist investor Legion Partners (5% stake). The activist arg more_horizontal


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