Gannett Announces Third Quarter 2022 Results and Reiterates Full Year Outlook

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Gannett (GCI) Misses Q3 EPS by 35c, Maintains Rev. Guidance

November 3, 2022 7:20 AM EDT

Gannett (NYSE: GCI) reported Q3 EPS of ($0.39), $0.35 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $717.9 million versus the consensus estimate of $789.1 million.

GUIDANCE:

Gannett sees FY2022 revenue of $2.95-3 billion, versus the consensus of $3... More