Gray Television is a media company that focuses on the acquisition and operation of television stations across the United States
The company owns and operates numerous network-affiliated stations, producing and broadcasting a variety of local news, entertainment programming, and informational content. Gray Television emphasizes localism and community engagement, striving to provide relevant news and services tailored to the unique needs of the regions they serve. In addition to television operations, the company is also involved in digital and online media initiatives, further extending its reach and enhancing its presence in the evolving media landscape.
Local television broadcasting and media company Gray Television (NYSEGTN) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 20.9% year on year to $1.05 billion. On the other hand, next quarter’s revenue guidance of $769.5 million was less impressive, coming in 3.7% below analysts’ estimates. Its GAAP profit of $1.59 per share was 25.7% above analysts’ consensus estimates.
Local television broadcasting and media company Gray Television (NYSEGTN)
will be reporting results tomorrow before market hours. Here’s what to look for.
Most consumer discretionary businesses succeed or fail based on the broader economy. Lately, it seems like demand trends have worked in their favor as the industry has returned 15.5% over the past six months,
outpacing S&P 500 by 6.6 percentage points.
What a brutal six months it’s been for Gray Television. The stock has dropped 34.1% and now trades at $3.37, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at E.W. Scripps (NASDAQSSP) and the best and worst performers in the broadcasting industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Sinclair (NASDAQSBGI) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at broadcasting stocks, starting with TEGNA (NYSETGNA).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how iHeartMedia (NASDAQIHRT) and the rest of the broadcasting stocks fared in Q3.
Gray Television has gotten torched over the last six months - since May 2024, its stock price has dropped 22.8% to $4.36 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at broadcasting stocks, starting with FOX (NASDAQFOXA).
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at AMC Networks (NASDAQAMCX) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how broadcasting stocks fared in Q3, starting with Paramount (NASDAQPARA).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the broadcasting industry, including Nexstar Media (NASDAQNXST) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the broadcasting industry, including Gray Television (NYSEGTN) and its peers.
Local television broadcasting and media company Gray Television (NYSEGTN) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 18.3% year on year to $950 million. Next quarter’s revenue guidance of $943 million underwhelmed, coming in 20.7% below analysts’ estimates. Its GAAP profit of $0.86 per share was also 5.8% below analysts’ consensus estimates.
