Townsquare Media (NYSE:TSQ) Posts Quarterly Earnings Results

Townsquare Media (NYSE:TSQ) issued its earnings results on Monday. The company reported $0.60 earnings per share for the quarter, hitting the consensus estimate of $0.60, RTT News reports. Townsquare Media had a negative return on equity of 57.10% and a negative net margin of 8.84%. The business had revenue of $117.81 million during the quarter, compared to analysts’ expectations of $116.41 million. During the same period in the prior year, the business earned $0.34 EPS. Townsquare Media updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Townsquare Media Price Performance

Shares of NYSE:TSQ opened at $8.13 on Tuesday. The business’s 50-day moving average is $8.77 and its 200 day moving average is $9.57. Townsquare Media has a 1 year low of $7.56 and a 1 year high of $13.57. The firm has a market capitalization of $126.44 million, a P/E ratio of -3.00, a P/E/G ratio of 0.58 and a beta of 1.33.

Analyst Upgrades and Downgrades

Separately, Noble Financial reiterated an “outperform” rating and issued a $21.00 target price on shares of Townsquare Media in a report on Friday, January 24th.

Insider Activity at Townsquare Media

In related news, EVP Claire Marie Yenicay sold 5,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $9.22, for a total transaction of $46,100.00. Following the transaction, the executive vice president now directly owns 214,953 shares of the company’s stock, valued at $1,981,866.66. This represents a 2.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Scott Schatz sold 4,594 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $9.65, for a total value of $44,332.10. Following the transaction, the executive vice president now directly owns 31,366 shares in the company, valued at $302,681.90. This represents a 12.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,094 shares of company stock valued at $191,807 in the last ninety days. Corporate insiders own 30.50% of the company’s stock.

About Townsquare Media

Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.