Junk Bond Yields Are Back Above 15%: 10 Stocks In The Pressure Zone
Junk bond yields surpassed 15%, the highest since 2022. These 10 stocks with bonds in XCCC carry $97 billion of debt as higher rates bite.
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iHeartMedia Q2 Sales $977.239M Beat $970.152M Estimate
iHeartMedia (NASDAQ:IHRT) reported quarterly sales of $977.239 million which beat the analyst consensus estimate of $970.152 million by 0.73 percent. This is a 4.67 percent increase over sales of $933.653 million the
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iHeartMedia shares are trading lower after the company reported mixed Q2 financial results.
iHeartMedia Q2 EPS $(0.52) Misses $(0.23) Estimate, Sales $977.239M Beat $970.152M Estimate
iHeartMedia (NASDAQ:IHRT) reported quarterly losses of $(0.52) per share which missed the analyst consensus estimate of $(0.23) by 126.09 percent. This is a 3.7 percent increase over losses of $(0.54) per share from the