Gannett Announces First Quarter 2023 Results and Raises Full Year Outlook

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Gannett (GCI) Tops Q1 EPS by 18c, Offers Guidance

May 4, 2023 7:16 AM EDT

Gannett (NYSE: GCI) reported Q1 EPS of $0.07, $0.18 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $668.9 million versus the consensus estimate of $681.3 million.

GUIDANCE:

Gannett sees FY2023 revenue of $2.75-2.8 billion, versus the consensus of $2.77... More