Gray Media Inc reports results for the quarter ended June 30 - Earnings Summary

Gray Media

07/08/2026 14:32

Gray Media Inc GTN.N reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -42 cents.  The mean expectation of five analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -16 cents to -4 cents per share.
Revenue rose 8.7% to $839.00 million from a year ago; analysts expected $794.13 million. 
Gray Media Inc's reported EPS for the quarter was 21 cents​.
The company reported quarterly net income of $21 million.
Gray Media Inc shares had risen by 7.8% this quarter and lost 11.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 577.8% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is also "buy" 
Wall Street's median 12-month price target for Gray Media Inc is $6.50, about 34.2% above its last closing price of $4.28
This summary was machine generated from LSEG data August 7 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.11
0.21
Beat
Mar. 31 2026 
-0.27
-0.34
Missed
Dec. 31 2025 
-0.32
-0.24
Beat
Sep. 30 2025 
-0.47
-0.24
Beat