What To Expect From Gannett Co Inc (GCI) Q4 2024 Earnings

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Feb 20, 2025
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Gannett Co Inc (GCI, Financial) is set to release its Q4 2024 earnings on Feb 20, 2025. The consensus estimate for Q4 2024 revenue is $0.64 billion, and the earnings are expected to come in at -$0.12 per share. The full year 2024's revenue is expected to be $2.52 billion and the earnings are expected to be -$0.70 per share. More detailed estimate data can be found on the Forecast page.

Gannett Co Inc (GCI, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Gannett Co Inc (GCI) have declined from $2.54 billion to $2.52 billion for the full year 2024. For 2025, revenue estimates have decreased from $2.53 billion to $2.49 billion. Earnings estimates have also seen a decline, moving from -$0.64 per share to -$0.70 per share for the full year 2024, and from -$0.22 per share to -$0.23 per share for 2025.

Gannett Co Inc (GCI, Financial) Reported History

In the previous quarter ending on September 30, 2024, Gannett Co Inc's (GCI) actual revenue was $0.61 billion, which missed analysts' revenue expectations of $0.64 billion by -3.58%. Gannett Co Inc's (GCI) actual earnings were -$0.14 per share, which missed analysts' earnings expectations of -$0.09 per share by -60.92%. After releasing the results, Gannett Co Inc (GCI) was down by -19.28% in one day.

Gannett Co Inc (GCI, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Gannett Co Inc (GCI) is $5.90 with a high estimate of $9.00 and a low estimate of $3.50. The average target implies an upside of 22.92% from the current price of $4.80.

Based on GuruFocus estimates, the estimated GF Value for Gannett Co Inc (GCI, Financial) in one year is $2.29, suggesting a downside of -52.29% from the current price of $4.80.

Based on the consensus recommendation from 4 brokerage firms, Gannett Co Inc's (GCI, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.