Gannett shares are trading higher after the company reported better-than-expected Q2 adjusted EPS guidance and reiterated FY23 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Gannett's shares are trading higher following the company's announcement of better-than-expected Q2 adjusted EPS guidance and a reiteration of FY23 revenue guidance above estimates.
August 04, 2023 | 2:02 pm
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Gannett's stock is trading higher due to better-than-expected Q2 adjusted EPS guidance and a reiteration of FY23 revenue guidance above estimates.
Gannett's shares are trading higher due to the company's positive Q2 EPS guidance and FY23 revenue outlook. This news is directly related to Gannett's financial performance, which is a key factor influencing its stock price. Therefore, it's expected to have a positive impact on GCI's short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100