Clear Channel Outdoor Holdings Inc. (CCO) reported a third-quarter net loss attributable to the company of $34.4 million or $0.10 per share compared to profit of $9.1 million or $0.03 per share last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report a loss of $0.08 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues were $660.6 million compared to $813.4 million a year ago. Analysts expected revenue of $664.85 million for the quarter.
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