Entercom Communications (ETM) Declares $0.09 Quarterly Dividend; 5.3% Yield

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Go back to Entercom Communications (ETM) Declares $0.09 Quarterly Dividend; 5.3% Yield

Entercom Communications (ETM) Misses Q4 EPS by 7c, Revenues Beat

February 22, 2019 8:01 AM EST

Entercom Communications (NYSE: ETM) reported Q4 EPS of $0.35, $0.07 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $411.4 million versus the consensus estimate of $410.45 million.

Net revenues for the quarter were $411.4 million, compared to $246.6 million in the fourth quarter of 2017. On a same-station basis, net revenues for the quarter increased 4% to $411.4 million compared to $395.1 million in the fourth quarter of 2017Total operating expense for... More