iHeartMedia's (IHRT) Q4 earnings surprise had a significant impact on its annual performance, resulting in a substantial loss for the year 2024.
- Q4 Earnings Surprise:
- IHRT reported an EPS surprise of -$0.17 for Q4 20241.
- This negative surprise indicates that the company's actual performance for the quarter was significantly worse than what analysts had anticipated.
IHRT Net Income YoY, Net Income
- Annual Net Income:
- Despite the Q4 earnings surprise, the company's annual net income for 2024 was -$1.01 billion2.
- This annual loss suggests that the company faced considerable challenges over the year, with Q4's performance being part of a broader trend of declining profitability.
In conclusion, the Q4 earnings surprise contributed to IHRT's annual net income being in the negative, reflecting a difficult period for the company.
4/7/2025 11:32am
