Entercom Misses Estimates On Q4 EPS, Earnings


The full integration of the former CBS Radio stations — and a big tax benefit — certainly helped to drive revenue for Entercom Communications in Q4 2017. Net revenue grew to $246.6 million, from $124.6 million, as the company’s net income soared to $232.4 million ($2.58 per diluted share) from $10.5 million (27 cents).

Unfortunately, Wall Street expected more from Entercom in Q4.

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