How did CCO's Q4 2024 earnings surprise impact investor sentiment?

Clear Channel Outdoor Holdings (CCO) reported an earnings per share (EPS) surprise of -$0.06 for Q4 2024, which represents a significant negative deviation from the expected earnings. This unexpected negative earnings report likely had a detrimental impact on investor sentiment, leading to a decrease in investor confidence in the company's financial performance and future prospects.

|code|Ticker|Name|Date|Revenue Surprise|market_code|
|---|---|---|---|---|---|
|CCO|CCO.N|Clear Channel Outdoor Holdings|2024 Q1|3202000|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|2024 Q2|-3829000|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|2024 Q3|1578000|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|2024 Q4|-2.2011E8|169|

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240408|2.4845|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240409|-0.6061|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240410|-6.0976|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240411|1.9481|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240412|-3.1847|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240415|-3.2895|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240416|-0.6803|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240417|-2.0548|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240418|0.6993|169|
|CCO|CCO.N|Clear Channel Outdoor Holdings|20240419|3.4722|169|