Cumulus Media Q3 EPS $0.81 Beats $0.69 Estimate, Sales $280.808M Beat $271.14M Estimate

Cumulus Media (NASDAQ:CMLS) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.69 by 17.39 percent. This is a 28.57 percent increase over earnings of $0.63 per share from the

Benzinga · 11/11/2019 21:02

Cumulus Media (NASDAQ:CMLS) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.69 by 17.39 percent. This is a 28.57 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $280.808 million which beat the analyst consensus estimate of $271.14 million by 3.57 percent. This is a 0.51 percent decrease over sales of $282.254 million the same period last year.