iHeartMedia, BRT, T Stamp Expected to Release Q1 Earnings
iHeartMedia, BRT, T Stamp Expected to Release Q1 Earnings

IHeartMedia, BRT, T Stamp Expected to Release Q1 Earnings

News summary

iHeartMedia, Inc. projects its second-quarter adjusted EBITDA to range between $140 million and $160 million, reflecting strong operational performance and strategic cost reductions exceeding $200 million annually. The company has extended its debt maturities by three years and reduced overall debt, aiming to lower its net debt to adjusted EBITDA ratio from 6.4 to 5.5 by year-end. Its Digital Audio Group achieved record revenues surpassing $1.1 billion with an adjusted EBITDA of approximately $380 million. For the first quarter of 2025, iHeartMedia expects earnings of ($0.47) per share on revenue of $790.17 million, with recent insider buying signaling confidence in the company’s outlook. Analysts maintain a “Hold” rating with an average target price implying significant upside from current levels, supported by GuruFocus estimates suggesting a fair value considerably above the trading price. Overall, iHeartMedia's financial guidance, debt management, and operational results indicate a cautiously optimistic outlook for the company’s near-term performance.

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