Gannett Co., Inc. Reports Fourth Quarter and Full Year Results

Gannett Co., Inc. GCI reported today that earnings per diluted share from continuing operations, on a GAAP (generally accepted accounting principles) basis, for the fourth quarter of 2010 were $0.72 compared to $0.54 for the fourth quarter of 2009. Earnings per diluted share from continuing operations for the 2010 fiscal year were $2.35 compared to $1.49 for the 2009 fiscal year. Results for both quarters and fiscal years included special items as noted below. Earnings per share excluding special items for the fourth quarter were $0.83 versus $0.70 last year on the same basis. Earnings per share excluding special items in 2010 were $2.44 compared to $1.85 in 2009 on the same basis.