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Saga Communications Inc (SGA)
NASDAQ:SGA
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.33Last Year’s EPS
-0.25Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: 3.51%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
Saga Communications is navigating a challenging radio advertising market with a strategic focus on digital and blended advertising, which has shown promising revenue growth and potential for future expansion. However, declines in overall revenue and increased operating expenses present significant challenges.Company Guidance
During the Saga Communications Fourth Quarter and Year-End Conference Call, the company provided guidance on various financial metrics and strategic initiatives for 2025. For the quarter ending December 31, 2024, Saga reported a net revenue decrease of 1.3% to $28.8 million, with political revenues increasing significantly to $2.0 million compared to the previous year. Despite a 4.1% rise in station operating expenses to $24.3 million, the company achieved operating income of $984,000. Looking at the full year, net revenue declined by 2.2% to $110.3 million, impacted by a 4.5% increase in station operating expenses to $94.3 million. Saga's digital strategy, focusing on "blended advertising," aims to capitalize on the growing digital ad market, with interactive revenue increasing 20.9% to $11.6 million for the year. The company anticipates capital expenditures of $4 million to $4.5 million in 2025, aims to reduce existing expenses by 1% to 2%, and plans to leverage its strong financial position for potential asset sales, including tower sites, to fund stock buybacks. The company expects a tax rate between 26% and 29% and forecasts an improvement in revenue growth starting in the second quarter of 2025.Blended Advertising Strategy Success
Saga's blended advertising strategy has led to significant new revenue, with a $5.7 million increase in local direct blended orders and a 27% year-over-year increase in overall radio and digital spend for advertisers who bought blended products.
Interactive and E-commerce Revenue Growth
Gross interactive revenue increased by 20.9% to $11.6 million for the year, and e-commerce revenue increased by $904,000 to $2.4 million, indicating strong growth in digital and online initiatives.
Dividend Payments and Strong Cash Position
Saga has paid over $137 million in dividends since 2012 and maintains a strong cash position with $27.8 million in cash and short-term investments at year-end.
Potential Asset Sales for Stock Buybacks
Saga is considering selling non-core assets like radio towers, with proceeds potentially used for stock buybacks to enhance shareholder value.
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SGA 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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SGA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $11.11 | $12.11 | +9.00% |
| Nov 07, 2024 | $13.45 | $13.37 | -0.59% |
| Aug 08, 2024 | $14.65 | $15.12 | +3.21% |
| May 09, 2024 | $21.30 | $20.04 | -5.92% |
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 Saga Communications Inc (SGA) report earnings?
Saga Communications Inc (SGA) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Saga Communications Inc (SGA) earnings time?
Saga Communications Inc (SGA) earnings time is at May 08, 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 SGA EPS forecast?
SGA EPS forecast for the fiscal quarter 2025 (Q1) is -0.33.
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