The biggest audio content creation and distribution company has selected the date and time for its release of its second quarter 2022 fiscal results.
iHeartMedia will share the financial health report for the three-month period ending June 30 on Thursday, August 4, following the Closing Bell on Wall Street. A conference call hosted by CEO Bob Pittman and COO/CFO Rich Bressler will commence at 4:30pm Eastern.
How iHeartMedia performed in Q2 could be seen as a key industry indicator by the investment community. With a 1-year target price of $14.13, iHeartMedia shares finished the July 21 trading session at $7.92, rebounding from $6.43 in just one week’s time.
The first quarter was one in which iHeartMedia enjoyed a big recovery.