Gannett Co Reiterated FY23 Revenue $2.75B-$2.80B Vs $2.49B Est
Portfolio Pulse from Benzinga Newsdesk
Gannett Co has reiterated its FY23 revenue forecast of $2.75B-$2.80B, which is higher than the estimated $2.49B.
August 04, 2023 | 1:02 pm
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POSITIVE IMPACT
Gannett Co's reiterated FY23 revenue forecast is higher than the estimated $2.49B, which could positively impact its stock price.
Gannett Co's FY23 revenue forecast is higher than the estimated $2.49B. This indicates that the company is confident in its ability to generate higher revenues, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100