Saga Communications Inc expected to post earnings of 29 cents a share - Earnings Preview

Saga Communications

06/08/2024 19:53

* Saga Communications Inc  SGA.OQ   SGA.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 8
for the period ending June 30 2024
    * The Grosse Pointe Farms Michigan-based  company is
expected to
report a 1.3% decrease in revenue to $28.8 million from $29.18
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Saga Communications Inc
is for
earnings of 29 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the broadcasting
peer
group is also "Buy".​
    * Wall Street's median 12-month price target for Saga
Communications Inc is $27.00​, above​ its last closing price
of $14.88. ​​​

This summary was machine generated August 6 at 18:52 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)