Gannett Co (NYSE:GCI) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Gannett Co beat estimated earnings by 142.86%, reporting an EPS of $0.03 versus an estimate of $-0.07.
Revenue was down $29.01 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.3 which was followed by a 1.21% increase in the share price the next day.
Here's a look at Gannett Co's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.02 | 0.11 | -0.36 | |
| EPS Actual | -0.32 | 0.11 | 0.13 | -1.06 |
| Revenue Estimate | 838.25M | 817.60M | 791.00M | 791.65M |
| Revenue Actual | 826.54M | 800.18M | 804.27M | 777.08M |
To track all earnings releases for Gannett Co visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
