Gannett Co GCI reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Gannett Co beat estimated earnings by 166.67%, reporting an EPS of $0.04 versus an estimate of $-0.06.
Revenue was down $79.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 4.7% drop in the share price the next day.
Here's a look at Gannett Co's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.16 | -0.14 | 0.03 | -0.07 |
EPS Actual | 0.22 | 0.35 | -0.20 | 0.03 |
Revenue Estimate | 744.50M | 745.50M | 788.10M | 754.90M |
Revenue Actual | 730.70M | 717.90M | 748.66M | 748.08M |
To track all earnings releases for Gannett Co visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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