Gray Television Inc reports results for the quarter ended in December - Earnings Summary

Gray Media

24/02/2023 14:31

* Gray Television Inc  GTN.N  reported quarterly adjusted
earnings
of $1.88​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of $1.78 per share.
    * Revenue rose 48.7% to $1.07 billion from a year ago;
analysts
expected $1.04 billion. 
    * Gray Television Inc's reported EPS for the quarter was
$1.88​.
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Gray Television Inc shares had risen by 13.8% this
quarter.
    * The company reported quarterly net income of $173 million.
    * Wall Street's median 12-month price target for Gray
Television
Inc is $16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
24 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.78           1.88           Beat
 Sep. 30 2022      1.41           1.03           Missed
 Jun. 30 2022      0.87           0.91           Beat
 Mar. 31 2022      0.37           0.52           Beat