Gannett (GCI) to Release Earnings on Thursday

Gannett (NYSE:GCI) will post its quarterly earnings results before the market opens on Thursday, October 31st. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Gannett (NYSE:GCI) last announced its earnings results on Thursday, August 1st. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.25. The business had revenue of $639.84 million during the quarter. Gannett had a negative return on equity of 17.12% and a negative net margin of 3.71%.

Gannett Price Performance

GCI stock opened at $5.67 on Wednesday. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.79 and a quick ratio of 0.75. The business has a 50 day simple moving average of $5.28 and a 200-day simple moving average of $4.43. The firm has a market capitalization of $836.89 million, a PE ratio of -8.22 and a beta of 2.49. Gannett has a 1 year low of $1.66 and a 1 year high of $5.93.

Analyst Ratings Changes

Several brokerages recently weighed in on GCI. Citigroup upgraded Gannett from a “sell” rating to a “neutral” rating and set a $5.10 price objective for the company in a research report on Tuesday, September 17th. JMP Securities upgraded Gannett to a “strong-buy” rating in a research report on Friday, August 2nd.

Gannett Company Profile

Gannett Co, Inc operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications.