What is Barrington Research’s Estimate for CCO Q4 Earnings?

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) – Research analysts at Barrington Research cut their Q4 2026 EPS estimates for shares of Clear Channel Outdoor in a note issued to investors on Wednesday, April 23rd. Barrington Research analyst P. Sholl now anticipates that the business services provider will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.03. Barrington Research has a “Market Perform” rating on the stock.

Clear Channel Outdoor Stock Performance

NYSE CCO opened at $1.03 on Friday. The company has a market cap of $504.76 million, a price-to-earnings ratio of -3.55 and a beta of 2.72. The company has a 50 day moving average of $1.12 and a 200-day moving average of $1.36. Clear Channel Outdoor has a 1-year low of $0.81 and a 1-year high of $1.88.

Institutional Investors Weigh In On Clear Channel Outdoor

Several institutional investors and hedge funds have recently added to or reduced their stakes in CCO. Diameter Capital Partners LP raised its holdings in shares of Clear Channel Outdoor by 2,210.5% during the 4th quarter. Diameter Capital Partners LP now owns 10,104,095 shares of the business services provider’s stock worth $13,843,000 after buying an additional 9,666,788 shares in the last quarter. Shenkman Capital Management Inc. grew its position in Clear Channel Outdoor by 34.0% in the fourth quarter. Shenkman Capital Management Inc. now owns 2,954,589 shares of the business services provider’s stock valued at $4,048,000 after acquiring an additional 750,000 shares during the last quarter. JPMorgan Chase & Co. grew its position in Clear Channel Outdoor by 9.0% in the fourth quarter. JPMorgan Chase & Co. now owns 7,371,308 shares of the business services provider’s stock valued at $10,099,000 after acquiring an additional 610,110 shares during the last quarter. State of Wyoming raised its stake in Clear Channel Outdoor by 39.3% during the fourth quarter. State of Wyoming now owns 1,594,464 shares of the business services provider’s stock worth $2,184,000 after acquiring an additional 450,000 shares in the last quarter. Finally, Net Worth Advisory Group bought a new position in shares of Clear Channel Outdoor in the first quarter worth about $471,000. 85.52% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, major shareholder Arturo R. Moreno purchased 2,500,000 shares of Clear Channel Outdoor stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average price of $0.94 per share, for a total transaction of $2,350,000.00. Following the transaction, the insider now owns 57,432,534 shares of the company’s stock, valued at approximately $53,986,581.96. The trade was a 4.55 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders have purchased a total of 7,122,655 shares of company stock worth $6,833,380 in the last 90 days. Company insiders own 1.53% of the company’s stock.

About Clear Channel Outdoor

Clear Channel Outdoor Holdings, Inc operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, and Other segments. The company provides advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, news racks, and other public structures; transit displays for rail stations and on various types of vehicles; retail displays; and airport advertising displays.