Townsquare Media (NYSE:TSQ) Announces Quarterly Earnings Results

Townsquare Media (NYSE:TSQ) released its quarterly earnings data on Monday. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07, RTT News reports. Townsquare Media had a negative net margin of 8.84% and a negative return on equity of 57.10%. During the same period last 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 Stock Up 1.9 %

Shares of NYSE TSQ opened at $7.76 on Monday. The firm has a market capitalization of $120.57 million, a P/E ratio of -2.86, a P/E/G ratio of 0.58 and a beta of 1.33. The stock’s 50-day simple moving average is $8.80 and its two-hundred day simple moving average is $9.59. Townsquare Media has a twelve month low of $7.56 and a twelve month high of $13.57.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, EVP Scott Schatz sold 4,594 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $9.65, for a total value of $44,332.10. Following the completion of the sale, the executive vice president now owns 31,366 shares in the company, valued at $302,681.90. The trade was a 12.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Claire Marie Yenicay sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $9.65, for a total value of $48,250.00. Following the completion of the sale, the executive vice president now directly owns 207,393 shares of the company’s stock, valued at approximately $2,001,342.45. This represents a 2.35 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,094 shares of company stock worth $191,807. 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.