<div id="readability-page-1"><div id="articlecontent"> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/iheartmedia-inc-logo-1200x675.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/iheartmedia-inc-logo-1200x675.png"/>iHeartMedia (NASDAQ:IHRT - Get Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.55) per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.</p><ul><li>Spotify electrifies on its metrics. Time to buy? </li></ul><p>iHeartMedia (NASDAQ:IHRT - Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.04. iHeartMedia had a negative net margin of 29.40% and a negative return on equity of 1,197.12%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the business posted $0.54 earnings per share. On average, analysts expect iHeartMedia to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year. </p><h2>iHeartMedia Trading Up 2.4 %</h2><p>Shares of IHRT stock opened at $2.15 on Thursday. iHeartMedia has a 1 year low of $1.77 and a 1 year high of $4.74. The firm's fifty day moving average price is $2.12 and its two-hundred day moving average price is $2.37. The firm has a market capitalization of $311.21 million, a P/E ratio of -0.29 and a beta of 1.88. </p><h2>Wall Street Analysts Forecast Growth</h2><div><div><p><span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03NjQx?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03NjQx"/></span></p><div><p><img src="https://imageproxy.pbkrs.com/https://banyanhill.s3.us-east-1.amazonaws.com/Spads/2024/SFT/sft_tech_titan_spad1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="250" height="124" original-src="https://imageproxy.pbkrs.com/https://banyanhill.s3.us-east-1.amazonaws.com/Spads/2024/SFT/sft_tech_titan_spad1.png"/></p></div><div><p><b>Ad </b> Banyan Hill Publishing</p><p>The Best AI Stock to Own in the World Today is Trading for Just $25</p><p>“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.</p><p>See how you can invest alongside him</p></div></div></div><p>Separately, Guggenheim lowered their price target on shares of iHeartMedia from $6.00 to $5.00 and set a &#34;buy&#34; rating on the stock in a research note on Monday, March 4th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, iHeartMedia has a consensus rating of &#34;Hold&#34; and a consensus target price of $4.07.</p><p><b>Check Out Our Latest Research Report on IHRT</b></p><h2>About iHeartMedia</h2><p> (Get Free Report)</p><p>iHeartMedia, Inc operates as an audio media company in the United States and internationally. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio &amp; Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than iHeartMedia</li><li>What is a Special Dividend?</li><li>AMD is Down 35%. Now is the Time to Buy the Dip</li><li>How to Invest in Biotech Stocks</li><li>Amazon Stands Tall: New Highs Are in Sight</li><li>What Investors Must Know About Over-the-Counter (OTC) Stocks</li><li>Chesapeake Energy Stock is The Energy Play, Earnings Confirm</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SUhSVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SUhSVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ READ THIS – If You Missed Out On The AI Boom <span><span><span>(From Banyan Hill Publishing)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03Njgx?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03Njgx"/></span></p><h2>Should you invest $1,000 in iHeartMedia right now?</h2><p>Before you consider iHeartMedia, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iHeartMedia wasn't on the list.</p><p>While iHeartMedia currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here </p><div><div><div><p><img height="209" width="170" src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/premium-reports/small_20231026090157_reportpreview2023-10-25-a-guide-to-high-short-inte.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/premium-reports/small_20231026090157_reportpreview2023-10-25-a-guide-to-high-short-inte.png"/></p></div><div><div><p>A Guide To High-Short-Interest Stocks</p><p>MarketBeat's analysts have just released their top five short plays for May 2024. 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IHRT

<p>iHeartMedia (NASDAQ:IHRT) is set to release its quarterly earnings data on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.55) per share for the quarter. The stock price of IHRT opened at $2.15 on Thursday.</p>

iHeartMedia (IHRT) Set to Announce Quarterly Earnings on Thursday