Earnings Preview For Gannett Co
Portfolio Pulse from Benzinga Insights
Gannett Co (NYSE:GCI) is set to release its quarterly earnings report on October 31, 2024, with analysts estimating an EPS of $-0.07. The company's past performance shows mixed results, with a notable EPS beat last quarter but a subsequent share price drop. Analysts have given Gannett a Neutral rating with a price target suggesting a potential downside. Comparatively, New York Times has a Buy rating with a significant upside. Gannett faces revenue growth challenges but maintains strong net margins and return on equity.
October 30, 2024 | 6:03 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Gannett Co is expected to report an EPS of $-0.07. Despite a past EPS beat, the stock price dropped. Analysts rate it Neutral with a potential downside. Revenue growth is a challenge, but the company has strong net margins and ROE.
The upcoming earnings report is crucial for Gannett Co, with analysts expecting a negative EPS. Despite a previous EPS beat, the stock price fell, indicating market skepticism. The Neutral rating and potential downside suggest limited short-term upside. However, strong net margins and ROE provide some financial stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100