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Gannett (GCI)
NYSE:GCI
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.6Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -10.42%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook for Gannett due to significant strides in digital revenue growth, audience expansion, and financial performance improvements. However, challenges remain, particularly in declining operating revenues and the impact of external factors on digital marketing solutions and partnerships.Company Guidance
During Gannett's Q4 2024 earnings call, the company provided guidance for 2025, highlighting several key metrics. They anticipate 2025 to be their third consecutive year of adjusted EBITDA and free cash flow growth. Gannett aims for total digital revenues to increase by 7% to 10% on a same-store basis, with digital revenue expected to constitute 50% of total revenue, up from 44% in 2024. The company is targeting the inflection point for positive same-store revenue growth during the year. They reported a total digital audience of 200 million average monthly unique visitors, with digital-only subscription revenue experiencing double-digit growth in Q4 2024. Gannett plans to enhance their digital initiatives, focusing on personalized consumer journeys and expanding digital advertising, digital-only paid subscriptions, e-commerce, and video content to drive future growth.Digital Revenue Growth
Total digital revenues increased 5% to approximately $1.1 billion in 2024, accounting for 44% of total revenue, up from 39% last year. The expectation is for digital revenues to make up 50% of total revenue in 2025, growing between 7% and 10% on a same-store basis.
Financial Performance Improvement
Adjusted EBITDA increased for the second consecutive year in 2024. Adjusted net income attributable to Gannett rose to $25 million, an improvement of $66 million from a net loss of $41 million in the prior year.
Audience Growth
The digital audience grew to 200 million average monthly unique visitors in Q3 and Q4, a 7% increase versus the prior year in Q4.
Debt Refinancing Success
Successful debt refinancing simplified the capital structure, extended the debt runway, and reduced potential future share dilution, contributing to a healthier balance sheet.
Video Content Expansion
Significant gains in video programming and views from major sporting events were achieved, with plans to expand the video strategy further in 2025.
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GCI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GCI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $4.80 | $4.62 | -3.75% |
| Oct 31, 2024 | $5.81 | $4.69 | -19.28% |
| Aug 01, 2024 | $4.91 | $4.52 | -7.94% |
| May 02, 2024 | $2.41 | $3.06 | +26.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gannett (GCI) report earnings?
Gannett (GCI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Gannett (GCI) earnings time?
Gannett (GCI) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GCI EPS forecast?
GCI EPS forecast for the fiscal quarter 2025 (Q1) is -0.13.
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