Saga Communications Inc reports results for the quarter ended in December - Earnings Summary

Saga Communications

07/03/2024 16:24

* Saga Communications Inc  SGA.OQ  reported quarterly
adjusted
earnings of 37 cents​​ per share for the quarter ended in
December.  The lone analyst forecast for the quarter was
for earnings of 31 cents per share. 
    * Revenue was $29.15 million​; analysts expected $28.50
million. 
    * Saga Communications Inc shares had risen by 8.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * 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 
This summary was machine generated from LSEG data March 7 at
04:24 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.31           0.37           Beat
 Sep. 30 2023      0.47           0.45           Missed
 Jun. 30 2023      0.48           0.65           Beat