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Jun 30, 2024
Clear Channel Q2 2024 Earnings Report
Clear Channel reported a consolidated revenue increase of 5.2%, driven by growth in America, Airports, and Europe-North segments.
Key Takeaways
Clear Channel Outdoor Holdings reported a 5.2% increase in consolidated revenue, reaching $559 million. The growth was primarily driven by strong performances in the Airports and Europe-North segments. The company has also increased its full-year 2024 revenue, Adjusted EBITDA, and AFFO guidance.
Consolidated revenue increased by 5.2% to $558.5 million.
America revenue increased by 0.9% to $290.2 million.
Airports revenue increased by 21.4% to $86.2 million.
Europe-North revenue increased by 9.9% to $164.7 million.
Revenue by Segment
Forward Guidance
Clear Channel Outdoor Holdings provided guidance for the third quarter and full year of 2024. The company anticipates consolidated revenue between $542 million and $567 million for Q3 2024 and between $2,215 million and $2,275 million for the full year 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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