Clear Channel Outdoor Q2 EPS $(0.02) Misses $(0.01) Estimate, Sales $438.040M Beat $426.067M Estimate

Clear Channel Outdoor (NYSE:CCO) reported quarterly losses of $(0.02) per share which missed the analyst consensus estimate of $(0.01) by 100 percent. This is a 50 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $438.040 million which beat the analyst consensus estimate of $426.067 million by 2.81 percent. This is a 8.75 percent increase over sales of $402.808 million the same period last year.