|Bid||2.7300 x 800|
|Ask||2.7400 x 1000|
|Day's Range||2.6400 - 2.8000|
|52 Week Range||0.7500 - 5.2200|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.08 (2.93%)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||N/A|
Shares of Entercom Communications (NYSE:ETM) remained unaffected after the company reported Q3 results.Quarterly Results Earnings per share fell 103.12% over the past year to ($0.01), which beat the estimate of ($0.06).Revenue of $268,505,000 decreased by 30.46% year over year, which beat the estimate of $266,950,000.Looking Ahead Entercom Communications hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Nov 06, 2020View more earnings on ETMTime: 10:00 AMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=registration.jsp&referrer=https%3A%2F%2Fentercom.com%2F&eventid=2769938&sessionid=1&key=5A629130273C98A7F184A20875E6E183®Tag=&sourcepage=registerPrice Action Company's 52-week high was at $5.2252-week low: $0.75Price action over last quarter: Up 9.94%Company Overview Entercom Communications Corp is a radio broadcasting company in the United States. It has a portfolio of approximately 125 radio stations in around 25 markets across the country. The company invests in local talent, news, sports, events, communities and people. The company generates revenue from the sale to advertisers of various services and products, including commercial broadcast time; digital advertising; local events; e-commerce where an advertiser's goods and services are sold through its websites; and integrated digital advertising solutions.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 6, 2020 * 12 Communication Services Stocks Moving In Thursday's Intraday Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Entercom Communications (ETM) delivered earnings and revenue surprises of -550.00% and -3.07%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
FanDuel announced a partnership Thursday with sports radio company Entercom, as well as a new deal with Twin River Worldwide Holding for a retail sportsbook.What Happened: FanDuel, owned by Flutter Entertainment (OTC: PDYPY), announced a deal to become the official sportsbook of Entercom Communications Corp (NYSE: ETM).Under the deal, FanDuel will provide odds, insight and promotions to Entercom users. The companies will also collaborate on integration and co-produce new content for listeners.FanDuel also announced a deal with Twin River Worldwide Holdings (NYSE: TRWH) to operate a retail sportsbook at Bally's Atlantic City Hotel & Casino in New Jersey by the end of 2020.The two companies will open a temporary sportsbook on the first floor of the casino, with a permanent location planned for spring 2021.Why It's Important: Entercom is the leader in sports radio, with three times more listeners than the next leading competitor, according to Thursday's press release. Entercom owns 39 all-sports stations across the U.S., including in major cities like New York, Philadelphia and Chicago.Entercom is also the official radio home of some of the largest sports teams in the nation like the New York Yankees, Boston Red Sox, Dallas Cowboys, Kansas City Chiefs, Golden State Warriors, Chicago Bulls and University of Michigan athletics.Entercom properties are "one of the best ways for us to engage FanDuel customers," said FanDuel CEO Matt King. Entercom CEO David Field said it's the largest advertising commitment ever made in the radio industry. Field called FanDuel an "ideal partner" and said he expects the partnership to provide a better sports experience for listeners.Twin River is in the process of acquiring Bally's Atlantic City Casino. The deal with FanDuel is part of the company's goal of transforming the property.ETM, TRWH Price Action: Entercom shares were trading 9.56% higher at $1.60 at last check Thursday. Twin River shares were up 3.22% at $24.33. See more from Benzinga * Click here for options trades from Benzinga * How The 2020 Presidential Election Could Impact Energy Stocks * Leslie's Pool Corp IPO: What Investors Need To Know(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.