Gannett Announces Third Quarter 2023 Results & Updated Full Year Outlook

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Gannett (GCI) Misses Q3 EPS by 1c, Offers Guidance

November 2, 2023 7:15 AM EDT

Gannett (NYSE: GCI) reported Q3 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $652.9 million versus the consensus estimate of $660.4 million.

GUIDANCE:

Gannett sees FY2023 revenue of $2.65-2.67 billion, versus the consensus of $2.72... More