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

Gray Media

04/11/2022 13:31

* Gray Television Inc  GTN.N  reported quarterly adjusted
earnings
of $1.03​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of $1.41 per share.
    * Revenue rose 51.2% to $909.00 million from a year ago;
analysts
expected $950.99 million. 
    * Gray Television Inc's reported EPS for the quarter was
$1.03​.
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Gray Television Inc shares had fallen by 5.6% this
quarter and
lost 32.9% so far this year.
    * The company reported quarterly net income of $95 million.
    * Wall Street's median 12-month price target for Gray
Television
Inc is $29.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
4 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.41           1.03           Missed
 Jun. 30 2022      0.87           0.91           Beat
 Mar. 31 2022      0.37           0.52           Beat
 Dec. 31 2021      0.21           0.17           Missed