Gray Television Q2 EPS $(0.10) Beats $(0.23) Estimate, Sales $813.00M Beat $798.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gray Television reported Q2 losses of $(0.10) per share, beating the analyst consensus estimate of $(0.23) by 56.52%. This is a 110.99% decrease over earnings of $0.91 per share from the same period last year. The company also reported quarterly sales of $813.00 million, beating the analyst consensus estimate of $798.10 million by 1.87%. This is a 6.34% decrease over sales of $868.00 million the same period last year.
August 04, 2023 | 2:58 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Gray Television's Q2 results beat analyst estimates, despite reporting losses and a decrease in sales compared to the same period last year.
Gray Television's Q2 results exceeded analyst expectations, which could lead to a positive market reaction. However, the company reported losses and a decrease in sales compared to the same period last year, which could temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100