Cumulus Reports Operating Results for Third Quarter 2014
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Cumulus Media (CMLS) Still Buy Rated at Noble Financial Following Q3 Results, Outlook
November 11, 2014 10:35 AM ESTNoble Financial affirms Cumulus Media (Nasdaq: CMLS) at Buy with a price target of $8 following Q3 results and guidance.
Analyst Michael Kupinski noted the following key points:
Third quarter revenues were largely in line with our estimates, which anticipated a soft advertising environmentAdvertising trends... MoreCumulus Media (CMLS) Misses Q3 EPS by 6c
November 10, 2014 4:03 PM ESTCumulus Media (NASDAQ: CMLS) reported Q3 EPS of $0.01, $0.06 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $313.89 million versus the consensus estimate of $318.4 million.
For earnings history and earnings-related data on Cumulus Media (CMLS) click here.
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