Gannett Co Inc reports results for the quarter ended June 30 - Earnings Summary

USA TODAY Co

31/07/2025 15:17

Gannett Co Inc GCI.N reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 9 cents.  The mean expectation of four analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -7 cents to -3 cents per share.

Revenue fell 8.6% to $584.86 million from a year ago; analysts expected $593.13 million.

Gannett Co Inc's reported EPS for the quarter was 42 cents​.

The company reported quarterly net income of $78.39 million.

Gannett Co Inc shares had risen by 2.0% this quarter and lost 27.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1,198.5% 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 3 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the consumer publishing peer group is also "buy"

Wall Street's median 12-month price target for Gannett Co Inc is $6.00, about 39.2% above its last closing price of $3.65

This summary was machine generated from LSEG data July 31 at 02:17 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
Jun. 30 2025
-0.06
0.42
Beat
Mar. 31 2025
-0.03
-0.05
Missed
Dec. 31 2024
-0.02
0.11
Beat
Sep. 30 2024
-0.07
-0.14
Missed