Audacy (NYSE:AUD) reported its Q1 earnings results on Monday, May 9, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Audacy missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.
Revenue was up $34.53 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 10.04% increase in the share price the next day.
Here's a look at Audacy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | 0.09 | -0.13 | |
| EPS Actual | 0.16 | -0.04 | 0.01 | -0.07 |
| Revenue Estimate | 342.35M | 329.68M | 308.24M | 245.23M |
| Revenue Actual | 344.73M | 329.44M | 304.46M | 240.76M |
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.
