Monday, July 16, 2012

By the numbers | Today's second-quarter report

This morning, Gannett is expected to report that second-quarter earnings and revenue fell again. Corporate will release the report before stock markets open at 9:30 ET.

Also, CEO Gracia Martore will lead a teleconference with Wall Street media analysts to discuss those results at 10 a.m. ET. That call will be webcast and is open to the public; details.

Some key numbers:

53 cents
average forecast for earnings per share during the quarter

the decline in forecast EPS from 58 cents a year ago

$1.32 billion
forecast quarterly revenue

the decline in forecast revenue from $1.33 billion a year ago

GCI closing stock price the day of the first-quarter report

closing stock price on Friday -- a 3% gain since Q1 report


  1. BEATS BY 3¢, Operating Revs. just miss at $1.31 billion:

  2. ...results for the second quarter of 2012 include $20.3 million of special charges affecting operating income. Facility consolidation non-cash charges totaled $5.1 million ($3.1 million after tax or $0.01 per share) reflecting primarily accelerated depreciation costs associated with the transfer of production activities. Workforce restructuring charges in our Publishing segment of $9.7 million ($5.8 million after tax or $0.02 per share) reflect principally the impact of employee acceptances during the second quarter of an early retirement plan announced earlier this year. Results for the second quarter of 2012 also included pension settlement charges totaling $5.4 million ($3.2 million after tax or $0.01 per share).

  3. Gannett reports lower quarterly revenue and profit

  4. So all these ridiculous hires at Usa Today advertising/marketing are doing nothing but yammering about themselves? Where are the results ????

  5. USAT down 17%. I'd say the new hires are really moving things forward.

  6. Advertising and marketing CMO, pres, SVP, the whole bunch of them should be handed their walking papers for ZERO results.

  7. Yes we Cannes!


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