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

Gray Media

04/08/2023 14:31

* Gray Television Inc  GTN.N  reported a quarterly adjusted
loss
of 10 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss
of 18 cents per share.
    * Revenue fell 6.3% to $813.00 million from a year ago;
analysts
expected $796.20 million. 
    * Gray Television Inc's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 234.7% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Gray Television Inc shares had risen by 10.8% this
quarter and
lost 22.0% so far this year.
    * The company reported a quarterly loss of $9 million.
    * Wall Street's median 12-month price target for Gray
Television
Inc is $13.50 
    * 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 LSEG Refinitiv data
August 4 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.18          -0.10          Beat
 Mar. 31 2023      -0.26          -0.48          Missed
 Dec. 31 2022      1.78           1.88           Beat
 Sep. 30 2022      1.41           1.03           Missed