* Cumulus Media Inc is expected to show a fall in quarterly revenue when it reports results on November 1 for the period ending September 30 2024
* The Atlanta Georgia-based company is expected to report a 1.5% decrease in revenue to $204.25 million from $207.42 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on August 2 2024, for the period ended September 30, was for revenue between $203.27 million and $207.42 million.
* LSEG's mean analyst estimate for Cumulus Media Inc is for a loss of 54 cents per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Cumulus Media Inc is $11.00, above its last closing price of $1.14.
This summary was machine generated October 23 at 13:28 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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