Cumulus Reports Operating Results for Third Quarter 2014

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Go back to Cumulus Reports Operating Results for Third Quarter 2014

Cumulus Media (CMLS) Still Buy Rated at Noble Financial Following Q3 Results, Outlook

November 11, 2014 10:35 AM EST

Noble 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... More

Cumulus Media (CMLS) Misses Q3 EPS by 6c

November 10, 2014 4:03 PM EST

Cumulus 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.

... More