Clear Channel Outdoor Holdings (CCO) Posts Q4 GAAP Loss of 42c/Share

February 19, 2013 4:10 PM EST
Clear Channel Outdoor Holdings (NYSE: CCO) reported Q4 EPS of ($0.42), which may not compare with the analyst estimate of $0.04. Revenue for the quarter came in at $803 million versus the consensus estimate of $803.61 million.

For earnings history and earnings-related data on Clear Channel Outdoor Holdings (CCO) click here.

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Rush Limbaugh killing Clear Channel
Mary on 2013-02-23 01:51:52
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Over 4,000 ads have been pulled from Rush Limbaugh's show since the Sandra Fluke controversary. It is absolutely killing Clear Channel and no one wants to admit to it publicly.

Ask anyone in the industry and they will tell you how bad it's become. Limbaugh is an albatross around Clear Channel's neck. They will not be able to pay out on his contract much longer if the fallout continues. This has nothing to do with one's political beliefs - it is simply the cold hard fact of why Clear Channel is going bankrupt.

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