Gannett Co., Inc. (GCI)
Market Cap | 707.28M |
Revenue (ttm) | 2.56B |
Net Income (ttm) | -113.57M |
Shares Out | 138.95M |
EPS (ttm) | -0.80 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,051,714 |
Open | 4.80 |
Previous Close | 4.91 |
Day's Range | 4.77 - 5.16 |
52-Week Range | 1.95 - 5.93 |
Beta | 2.55 |
Analysts | Buy |
Price Target | 5.37 (+5.5%) |
Earnings Date | Feb 20, 2025 |
About GCI
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company’s print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and mar... [Read more]
Financial Performance
In 2023, Gannett Co.'s revenue was $2.66 billion, a decrease of -9.57% compared to the previous year's $2.95 billion. Losses were -$27.79 million, -64.37% less than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GCI stock is "Buy." The 12-month stock price forecast is $5.37, which is an increase of 5.50% from the latest price.
News
Inaugural USA TODAY Movie Meter Announced
NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced its first-ever USA TODAY Movie Meter, a new platform that engages movie enthusiasts to rate which film deserv...
Gannett to Participate at the UBS Global Media and Communications Conference
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, and its Chief Finan...
Gannett Co., Inc. (GCI) Q3 2024 Earnings Call Transcript
Gannett Co., Inc. (GCI) Q3 2024 Earnings Call Transcript
Gannett Announces Third Quarter 2024 Results & Updated Full Year Outlook
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2024. "We c...
Gannett Announces Expiration of Exchange Offer and Consent Solicitation
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today that its previously announced (a) offer to exchange (the “Exchange Offer”) any a...
Gannett Schedules Third Quarter 2024 Results
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, prior to the openi...
Gannett Announces Closing of Refinancing Transactions and Early Settlement of Exchange Offer and Consent Solicitation
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the initial closing of its previously announced debt refinancing transactions th...
Gannett Announces Results of Early Participation in Exchange Offer and Consent Solicitation
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the preliminary results of early participation in connection with its previously...
Gannett Commences Exchange Offer and Consent Solicitation
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) announced today that the Company and its wholly-owned subsidiary, Gannett Holdings LLC (“G...
Caren Bohan Appointed USA TODAY Editor in Chief
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced the promotion of Caren Bohan to USA TODAY Editor in Chief, overseeing USA TODAY Network's flagship national publication. He...
USA TODAY Launches Inaugural Wine Club
New York, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), today announced the launch of the USA TODAY Wine Club, a way for consumers who appreciate wine to discover local winema...
Gannett and BetMGM Announce Multi-Year Partnership
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced a multi-year strategic partnership with BetMGM, a leading sports betting and iGaming operator. As part of the agreement, Be...
Hot Chocolate Run 2024-2025 Series Announced
NEW YORK, NY--(BUSINESS WIRE)--Ventures Endurance, part of Gannett's (NYSE: GCI) USA TODAY NETWORK Ventures, today announced the USA TODAY branded 2024-2025 Hot Chocolate Run series. The run kicks off...
Gannett Announces Debt Repayment & Refinancing Update
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that from the beginning of the third quarter through the close of business...
LocaliQ Expands Online Search Offering
NEW YORK, NY--(BUSINESS WIRE)--LocaliQ Digital Marketing Solutions (DMS), part of Gannett Co., Inc. (NYSE: GCI), continues to expand its best-in-class solutions for small to mid-sized businesses. The ...
Gannett Announces Commitment Letter to Secure New Credit Facility to Refinance Existing Debt
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today it has entered into a commitment letter for a comprehensive debt refinancing tha...
Gannett beats claims of bias against white workers, for now
A federal judge in Virginia has tossed out a proposed class action accusing newspaper publisher Gannett of adopting diversity policies that had led to widespread discrimination against white employees...
Inaugural USA TODAY Ad Meter Brand Spotlight Awards Gold Medal to Nike
NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced the winners of the inaugural USA TODAY Ad Meter Brand Spotlight: Olympics Edition. With all eyes on the 2024 ...
Gannett Fleming and TranSystems Complete Merger, Creating New Leader in Infrastructure Consulting, and Announce CEO Transition
CAMP HILL, Pa. & KANSAS CITY, Mo.--(BUSINESS WIRE)--Gannett Fleming, a portfolio company of OceanSound Partners (“OceanSound”) and a leading engineering and infrastructure solutions provider, and Tran...
Gannett Co., Inc. (GCI) Q2 2024 Earnings Call Transcript
Gannett Co., Inc. (NYSE:GCI) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Matthew Esposito - Head-Investor Relations Michael Reed - Chairman and Chief Executive Off...
USA Today parent Gannett's stock up after profit beats by a wide margin to offset a revenue miss
Gannett Co. Inc.'s stock GCI rose 2.7% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss. The company had net income of $13...
Gannett Announces Second Quarter 2024 Results and Reiterates Business Outlook
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the second quarter ended June 30, 2024. "We are p...
Gannett Schedules Second Quarter 2024 Results
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, prior to the openin...
2024 USA TODAY Wine & Food Experience Tour Announced
NEW YORK, NY--(BUSINESS WIRE)--The 2024 USA TODAY Wine & Food Experience tour returns from September through November for a culinary journey in eight cities across the country. The USA TODAY Wine & Fo...
Gannett Digital Revenue On The Rise, But No Profits Yet
Gannett Digital Revenue On The Rise, But No Profits Yet