Audacy (NYSE:AUD) reported its Q2 earnings results on Friday, August 5, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Audacy missed estimated earnings by 133.33%, reporting an EPS of $-0.01 versus an estimate of $0.03.
Revenue was up $14.97 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 2.96% drop in the share price the next day.
Here’s a look at Audacy’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | 0.13 | 0.09 | |
| EPS Actual | -0.10 | 0.16 | -0.04 | 0.01 |
| Revenue Estimate | 279.12M | 342.35M | 329.68M | 308.24M |
| Revenue Actual | 275.30M | 344.73M | 329.44M | 304.46M |
To track all earnings releases for Audacy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
