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0 0.00492610837438413 0 0.00985221674876848 0.00985221674876848 0.0344827586206896 0.0541871921182265 0.0344827586206896
Stock impact report

Analysts Are Optimistic We'll See A Profit From iHeartMedia, Inc. (NASDAQ:IHRT) [Yahoo! Finance]

iHeartMedia, Inc. - Class A (IHRT) 
NASDAQ:AMEX Investor Relations: iheartmedia.com/investors/events
Company Research Source: Yahoo! Finance
prospects. iHeartMedia, Inc. operates as an audio media company in the United States and internationally. With the latest financial year loss of US$1.1b and a trailing-twelve-month loss of US$899m, the US$154m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on iHeartMedia's investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. Check out our latest analysis for iHeartMedia According to the 5 industry analysts covering iHeartMedia, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$32m in 2024. So, the company is predicted to breakeven approximately a year from now or less! We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 m Show less Read more
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