iHeartMedia (IHRT) to Announce Quarterly Earnings on Monday

iHeartMedia (NASDAQ:IHRT) will likely be announcing its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect iHeartMedia to announce earnings of ($0.2750) per share and revenue of $970.1520 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Monday, August 10, 2026 at 4:30 PM ET.

iHeartMedia (NASDAQ:IHRT) last announced its quarterly earnings results on Monday, May 11th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by ($0.12). The company had revenue of $884.20 million for the quarter, compared to the consensus estimate of $871.50 million. On average, analysts expect iHeartMedia to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iHeartMedia Price Performance

Shares of IHRT opened at $3.72 on Monday. iHeartMedia has a one year low of $1.54 and a one year high of $6.56. The company has a 50-day simple moving average of $4.02 and a two-hundred day simple moving average of $3.83. The firm has a market capitalization of $562.74 million, a PE ratio of -2.01 and a beta of 2.19.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on IHRT. Bank of America decreased their price target on shares of iHeartMedia from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, July 7th. Weiss Ratings restated a “sell (d-)” rating on shares of iHeartMedia in a report on Friday, July 17th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $4.25.

Hedge Funds Weigh In On iHeartMedia

Institutional investors and hedge funds have recently made changes to their positions in the business. Centiva Capital LP bought a new stake in iHeartMedia during the third quarter valued at about $115,000. Nomura Holdings Inc. grew its stake in shares of iHeartMedia by 54.2% in the 3rd quarter. Nomura Holdings Inc. now owns 39,666 shares of the company’s stock worth $114,000 after buying an additional 13,937 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in iHeartMedia by 65.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 30,797 shares of the company’s stock valued at $88,000 after purchasing an additional 12,142 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of iHeartMedia during the second quarter valued at $81,000. Finally, Virtu Financial LLC bought a new position in shares of iHeartMedia in the fourth quarter worth about $78,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

About iHeartMedia

iHeartMedia, Inc (NASDAQ: IHRT) is a leading media and entertainment company specializing in radio broadcasting, digital streaming and live events. The company operates more than 860 full-power AM and FM radio stations across the United States, delivering music, news, sports and talk programming to local markets. Through its flagship digital platform, iHeartRadio, the company provides listeners with free and subscription-based access to thousands of live radio stations, curated music playlists and on-demand podcasts.

Originally founded in 1972 as Clear Channel Communications, the business rebranded to iHeartMedia in 2014 to reflect the growing importance of its digital and event-driven offerings.