Gannett (GCI) Expected to Announce Quarterly Earnings on Thursday

Gannett (NYSE:GCI) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $592.97 million for the quarter.

Gannett (NYSE:GCI) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.10. The firm had revenue of $621.28 million for the quarter, compared to analyst estimates of $635.09 million. Gannett had a negative net margin of 1.05% and a positive return on equity of 11.40%.

Gannett Price Performance

Shares of Gannett stock opened at $3.42 on Wednesday. The company has a debt-to-equity ratio of 6.59, a current ratio of 0.78 and a quick ratio of 0.74. Gannett has a 1-year low of $2.35 and a 1-year high of $5.93. The business has a 50-day moving average of $3.27 and a 200-day moving average of $4.47. The company has a market capitalization of $500.81 million, a PE ratio of -6.33 and a beta of 2.21.

Analysts Set New Price Targets

Separately, JMP Securities restated a “market outperform” rating and set a $6.00 price objective on shares of Gannett in a report on Monday, January 27th.

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.