reported third-quarter earnings in line with analysts' expectations.
The radio broadcaster and outdoor advertising company posted third-quarter net income of $111 million, unchanged from last year, and EPS of 10 cents, compared with 13 cents in the year-ago period. Five analysts polled by
First Call/Thomson Financial
called for earnings of 10 cents a share.
Quarterly revenue was $1.03 billion, up from $619 million last year.