Gannett (NYSE:GCI - Get Free Report) is expected to be releasing its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect Gannett to post earnings of ($0.05) per share and revenue of $593.13 million for the quarter.
Gannett (NYSE:GCI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.07). Gannett had a return on equity of 24.41% and a net margin of 2.09%. The firm had revenue of $571.57 million during the quarter, compared to analyst estimates of $592.97 million.
Gannett Trading Down 2.5%
GCI traded down $0.10 during midday trading on Thursday, reaching $3.71. 1,758,525 shares of the company were exchanged, compared to its average volume of 1,460,047. The stock has a market capitalization of $542.56 million, a P/E ratio of 370.50 and a beta of 2.60. The stock's 50-day simple moving average is $3.57 and its 200 day simple moving average is $3.75. The company has a debt-to-equity ratio of 6.28, a quick ratio of 0.69 and a current ratio of 0.72. Gannett has a one year low of $2.55 and a one year high of $5.93.
Insider Buying and Selling
In other Gannett news, CEO Michael Reed purchased 27,000 shares of the business's stock in a transaction on Monday, May 5th. The shares were purchased at an average cost of $3.25 per share, with a total value of $87,750.00. Following the transaction, the chief executive officer directly owned 3,134,722 shares of the company's stock, valued at $10,187,846.50. This represents a 0.87% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 4.20% of the company's stock.
Hedge Funds Weigh In On Gannett
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GCI. Strs Ohio acquired a new position in shares of Gannett in the 1st quarter valued at approximately $187,000. Empowered Funds LLC boosted its stake in Gannett by 2.0% in the first quarter. Empowered Funds LLC now owns 951,925 shares of the company's stock valued at $2,751,000 after buying an additional 18,933 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Gannett by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 84,362 shares of the company's stock worth $244,000 after acquiring an additional 3,588 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in Gannett by 47.6% during the 1st quarter. AQR Capital Management LLC now owns 566,994 shares of the company's stock worth $1,639,000 after purchasing an additional 182,824 shares in the last quarter. 76.71% of the stock is owned by institutional investors.
Gannett Company Profile
(
Get Free Report)
Gannett Co, Inc operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications.
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