Gannett Co., Inc. Stock News

Shares of USA Today parent Gannett Co. Inc. slid 11% in premarket trade Thursday, caught up in the downdraft created by Russia''s invasion of Ukraine, and after earnings fell short of estimates. The company posted a net loss of $22.4 million, or 17 cents a share, narrower than the loss of $122.2 million, or 92 cents a share, posted in the year-earlier period. Revenue fell to $826.5 million from $875.4 million a year ago. The FactSet consensus was for EPS of 17 cents. The sole revenue estimate of $848.0 million was not enough to form a consensus. The company said digital revenue passed $1 billion in 2021 and digital-only circulation revenue passed $100 million. "As part of our enhanced guidance, we expect 2022 free cash flow to nearly double from 2021, and for free cash flow to grow through 2025 at a 40% compound annual growth rate," CEO Michael Reed said in a statement. "We expect to surpass 2 million paid digital subscribers this year, and to grow at an annual rate of approximately 40% through 2025." Shares have fallen 5.4% in the last 12 months, while the S&P 500 has gained 7.6%.

Gannett press release (GCI): Q4 GAAP EPS of -$0.17.Revenue of $826.5M (-5.6% Y/Y).Full Year 2022 Outlook: Revenues of $3.07B to $3.16; Adjusted EBITDA of $380M to $400MFirst…

Shares of USA Today parent Gannett Co. Inc. GCI, -3.80% slid 11% in premarket trade Thursday, caught up in the downdraft created by Russia's invasion of Ukraine, and after earnings fell short of estim

Gannett (NYSE:GCI) is scheduled to announce Q4 earnings results on Thursday, February 24th, before market open.The consensus EPS Estimate is $0.34 (+137.0% Y/Y) and the consensus…

Tegna spun off from newspaper giant Gannett in 2015 as a separate, publicly traded company operates 64 TV and 2 radio stations across 54 US markets.

Miller Value Partners, an investment management firm, published its “Miller Deep Value Strategy” fourth quarter 2021 investor letter – a copy of which can be seen here.

The commercial takes the top spot in this year’s competition, presented by Kia USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced Rocket Homes and Rocket Mortgage’s “Dream House with Anna Kendrick and Barbie” was rated the winning commercial of the 34th USA TODAY Ad Meter competition, presented by Kia Motors. The annual program … The post Rocket Homes and Rocket Mortgage’s “Dream House with Anna Kendrick and Barbie” Wins USA TODAY’s 34 Annual Ad Meter Competition appeared first on Gannett .

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (Gannett, the Company) (NYSE: GCI) announced today that it will release its fourth quarter 2021 financial results on Thursday, February 24, 2022, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, February 24, 2022 at 8:30 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of Gannetts website, investors.gannett.com. All interested parties are

Presented by Kia, the annual program gauges consumer sentiment about Super Bowl LVI commercials USA TODAY, part of Gannett Co., Inc., launched the 34th annual Ad Meter competition. Since its inception in 1989, Ad Meter has become the industry’s leading tool to measure public sentiment and opinion surrounding Super Bowl advertisements. This year’s program, presented … The post USA TODAY Launches 34th Ad Meter Competition appeared first on Gannett .

The company announced it has authorized a share repurchase program.

Gannett Co Inc's (NYSE: GCI) board authorized a share buyback of up to $100 million. Gannett's existing five-year senior secured credit agreement will provide for an incremental term loan not excee

Gannett (GCI) board authorized a share repurchase program for the repurchase of up to $100M of its common stock prior to Dec

The company announced it has authorized a share repurchase program.

This article is part of a series that provides an ongoing analysis of the changes made to Leon Cooperman’s 13F stock portfolio on a quarterly basis. Read more.