Audacy (NYSEARCA:AUD – Get Rating) is scheduled to release its earnings data before the market opens on Monday, May 9th. Analysts expect Audacy to post earnings of ($0.08) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Audacy (NYSEARCA:AUD – Get Rating) last announced its quarterly earnings data on Tuesday, February 22nd. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03. Audacy had a positive return on equity of 0.73% and a negative net margin of 0.29%. During the same quarter last year, the business earned ($1.21) earnings per share. On average, analysts expect Audacy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NYSEARCA AUD opened at $2.54 on Monday. The firm’s fifty day moving average price is $2.89. Audacy has a 1-year low of $2.01 and a 1-year high of $5.01. The company has a market capitalization of $366.01 million, a price-to-earnings ratio of -84.64 and a beta of 1.46. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 2.73.
A number of research firms have recently commented on AUD. Wells Fargo & Company lowered Audacy from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $5.00 to $3.00 in a report on Tuesday, January 4th. B. Riley raised their price target on Audacy from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Tuesday, April 5th. Finally, Zacks Investment Research raised Audacy from a “sell” rating to a “hold” rating in a report on Friday, February 25th.
Audacy Company Profile (Get Rating)
Audacy, Inc, a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others, as well as offers integrated marketing solutions across its broadcast, digital, podcast, and event platforms.
- Get a free copy of the StockNews.com research report on Audacy (AUD)
- Why is Chevron Stock Falling After Strong Earnings?
- MarketBeat: Week in Review 4/25 – 4/29
- Apple’s Numbers Complete Trifecta
- Rogers Communication Stock Should Be Launching Higher
- O’Reilly Automotive Hits A Pothole
Want More Great Investing Ideas?
- 3 Stocks to DOUBLE This Year
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 9 "MUST OWN" Growth Stocks
Receive News & Ratings for Audacy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Audacy and related companies with MarketBeat.com's FREE daily email newsletter.