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Entercom Communications Corporation (ETM)

  • Tue, Aug. 18, 4:15 PM
    • Radio broadcaster Entercom Communications (NYSE:ETM) finished up 7.7% after Wells Fargo (making a round of media updates) upgrades it to Outperform.
    • The move helped it make up some 2015 declines. The stock is now down just 9.4% YTD, but up 16.1% over the past 12 months.
    • Entercom beat expectations on its Q2 earnings report, boosted by acquisitions that increased its station footprint to four new top 20 markets with 14 additional stations, including entering No. 1 market Los Angeles.
    | Tue, Aug. 18, 4:15 PM | Comment!
  • Tue, Feb. 3, 4:09 PM
    • Cumulus Media (NASDAQ:CMLS) finished up 11.9% ahead of a March 2 release of its Q4 results.
    • The company has set a conference call at 4:30 p.m. ET that day to discuss earnings.
    • Expectations are for an EPS of $0.09 on revenues of $333.2M.
    • Commercial-radio peers have also had a strong day: Saga Communications (SGA +2.4%); Emmis Communications (EMMS +0.5%); Salem Communications (SALM +2.1%); Radio One (ROIAK +1.7%); Entercom (ETM +2.8%); and Townsquare Media (TSQ +3.2%).
    | Tue, Feb. 3, 4:09 PM | Comment!
  • Sep. 27, 2011, 1:08 PM
    Microcap media stocks are on a tear today, after hopes for European debt resolution lifts the veil off the sector and M&A chatter kicks up. Gainers: SBSA +17%, EMMS +11.5%, ETM +8.7%, CMLS +6.3%.
    | Sep. 27, 2011, 1:08 PM | Comment!
Company Description
Entercom Communications Corp is a radio broadcasting company in the United States. It operates a nationwide portfolio in excess of 125 radio stations in 26 markets.
Sector: Services
Country: United States