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Recap: Gannett Q3 Earnings

Gannett Co (NYSE:GCI) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Gannett posted an EPS of $0.35. Revenue was down $82.28 million from the same period last year.
byBenzinga Insights
November 3, 2022
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Gannett Co (NYSE:GCI) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Gannett posted an EPS of $0.35.

Revenue was down $82.28 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.23 which was followed by a 2.61% increase in the share price the next day.

Here’s a look at Gannett Co’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.03 -0.07 -0.02 0.11
EPS Actual -0.20 0.03 -0.32 0.11
Revenue Estimate 788.10M 754.90M 838.25M 817.60M
Revenue Actual 748.66M 748.08M 826.54M 800.18M

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.

 
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