Earnings Outlook For Gray Television
Portfolio Pulse from Benzinga Insights
Gray Television (NYSE:GTN) is scheduled to release its quarterly earnings report on 2024-02-23, with analysts expecting an EPS of $-0.16. Despite past earnings misses, GTN's stock price has shown resilience, with increases following earnings announcements. However, the stock has declined 34.92% over the last year. Investors will be keenly watching for not just the earnings results but also the company's future guidance, which can significantly impact the stock price.
February 22, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Gray Television is expected to report an EPS of $-0.16 for the latest quarter. Historical data shows stock price resilience post-earnings, despite a 34.92% annual decline.
Given GTN's history of stock price increases following earnings announcements, even after misses, the short-term impact could be neutral to slightly positive. However, the significant annual decline and the importance of future guidance suggest a cautious outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100