Gannett Earnings Preview: Can This Streak Continue?

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Gannett Co. (NYSE:GCI) will report earnings before markets open on Monday, July 22nd. Gannett Co., Inc. is an international news and information company that publishes various daily newspapers in the United States and the United Kingdom, including “USA TODAY” and “USA WEEKEND,” a newspaper magazine. The Company also operates television stations in major United States markets as well as operates websites offering news, information and advertising.

Here is your Cheat Sheet to Gannett Co. Earnings:

Earnings Expectations: Analysts expect earnings of $0.58 per share on revenues of $1.33 billion. Currently, the company’s P/E ratio stands at 13.58.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.48 to a profit $0.46. For the current year, the average estimate is a profit of $2.21, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Gannett Co. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,768 5,613 5,439 5,240 5,353
Diluted EPS ($) -7.81 1.51 2.43 1.89 1.79

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,307.04 1,309.26 1,518.31 1,237.73
Diluted EPS ($) 0.51 0.56 0.44 0.44

Past Performance:
Gannett Co. has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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