Clear Channel Outdoor Holdings Inc.

NYSE:CCO  
3.07
-0.02 (-0.65%)
Other Pre-Announcement

CLEAR CHANNEL OUTDOOR HOLDINGS SAYS BOARD HAS AUTHORIZED A REVIEW OF STRATEGIC ALTERNATIVES FOR ITS EUROPEAN BUSINESS, INCLUDING A POSSIBLE SALE

Published: 12/13/2021 14:03 GMT
Clear Channel Outdoor Holdings Inc. (CCO) - Clear Channel Outdoor Holdings - Board Has Authorized a Review of Strategic Alternatives for Its European Business, Including a Possible Sale.
Clear Channel Outdoor Holdings - Raised Q4 Consolidated Revenue to Now Expected to Be Between $730 Million and $750 Million.
Clear Channel Outdoor Holdings - Reaffirmed Year-to-date 2021 Consolidated Capital Expenditures Between $150 Million and $160 Million.
Clear Channel Outdoor Holdings - Raised Guidance for Liquidity Balance Now Expected to Be Between $550 Million and $600 Million As of Dec 31.
Clear Channel Outdoor Holdings - Reaffirmed Americas Q4 2021 Revenue.
Clear Channel Outdoor Holdings - Sees Q4 Rev Between $730 Mln and $750 Mln.
Clear Channel Outdoor Holdings - Raised Europe Q4 2021 Revenue Now Expected to Be Between $350 Million and $360 Million.
Q4 Revenue View $728.8 Million -- Refinitiv Ibes Data (analyst estimates).