Gannett
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Gannett's revenues will grow 8.7% and EPS will expand 22.2%.
The average estimate for revenue is $1.51 billion. On the bottom line, the average EPS estimate is $0.88.
Revenue details
Last quarter, Gannett reported revenue of $1.31 billion. GAAP reported sales were 3.4% higher than the prior-year quarter's $1.27 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.56. GAAP EPS of $0.56 for Q3 were 37% higher than the prior-year quarter's $0.41 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 44.9%, 190 basis points better than the prior-year quarter. Operating margin was 16.9%, 120 basis points better than the prior-year quarter. Net margin was 10.2%, 230 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $5.33 billion. The average EPS estimate is $2.32.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 324 members out of 444 rating the stock outperform, and 120 members rating it underperform. Among 152 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give Gannett a green thumbs-up, and 34 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gannett is outperform, with an average price target of $17.17.
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