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Clear Channel Outdoor (CCO) Reports Q2 Loss, Tops Revenue Estimates

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Clear Channel Outdoor shares have lost about 19.7% since the beginning of the year versus the S&P 500's gain of 7.6%. What's Next for Clear Channel Outdoor? Clear Channel Outdoor (CCO) came out with a quarterly loss of 0.04pershareinlinewiththeZacksConsensusEstimate.Thiscomparestoalossof0.04 per share in line with the Zacks Consensus Estimate. This compares to a loss of 0.06 pe ...