Gray Television Inc expected to post earnings of 10 cents a share - Earnings Preview

Gray Media

06/08/2024 15:01

* Gray Television Inc  GTN.N   GTN  is expected to show a
rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Atlanta Georgia-based  company is expected to report a
2.8% increase in revenue to $835.483 million from $813 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on May 7 2024, for the
period ended June 30, was for revenue between $828.00 million
and $846.00 million.
    * ​LSEG's mean analyst estimate for Gray Television Inc is
for
earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gray
Television
Inc is $11.00​, above​ its last closing price of $5.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.25        0.18       0.79      Beat    351.4
 Dec. 31 2024  -0.17       -0.16      -0.24     Missed  -46.3
 Sep. 30 2023  -0.29       -0.32      -0.57     Missed  -79.7​
 Jun. 30 2023  -0.22       -0.18      -0.10     Beat    43.1
 ​​Jan.        -0.23       -0.26      -0.48     Missed  -85.5
 1 0001                                                 
 Dec. 31 2022  1.80        1.78       1.88      Beat    5.8​
 Jan. 1 0001   1.41        1.41       1.03      Missed  -26.9
 Jun. 30 2022  0.90        0.87       0.91      Beat    4.4
 This summary was machine generated August 6 at 14:01 GMT.  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)