Cumulus Media (CMLS) Projected to Post Quarterly Earnings on Thursday

Cumulus Media (NASDAQ:CMLS) is expected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Cumulus Media to post earnings of ($0.57) per share and revenue of $218.80 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Cumulus Media Stock Performance

CMLS opened at $0.87 on Wednesday. The firm’s fifty day simple moving average is $0.83 and its two-hundred day simple moving average is $1.07. Cumulus Media has a 52-week low of $0.63 and a 52-week high of $4.71. The company has a market cap of $14.79 million, a price-to-earnings ratio of -0.10 and a beta of 1.34. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 3.68.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Cumulus Media in a report on Tuesday. They issued a “hold” rating on the stock.

Cumulus Media Company Profile

Cumulus Media Inc, an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners.