GCI reports fourth-quarter results this morning

Wall Street media stock analysts on average expect Corporate to report fourth-quarter earnings of 88 cents a share vs. 72 cents a year ago. Revenue is forecast at $1.49 billion vs. $1.39 billion a year ago, according to a survey by Thomson Financial. That would be one of the largest quarterly revenue increases in years.

Martore

Corporate is set to release the results about 8:30 a.m. ET, before stock markets open for trading at 9:30. Then, CEO Gracia Martore will lead a conference call with analysts to discuss the report at 10 a.m. That conference will be webcast to the public in listen-only mode. Access the call here.

During the call, Martore and other senior executives are likely to focus on three significant revenue-producing initiatives:

• the big print subscription increases in the U.S. newspaper division, tied to the launch of paywalls
• the digital marketing solutions service aimed at small- and mid-sized businesses
• USA Today Sports Media Group, which ties together all sports content from the flagship newspaper plus the community dailies, 23 U.S. TV stations

As always, analysts will be especially focused on Corporate's earnings "guidance" for the current quarter.

GCI's stock closed Friday at $19.84 a share after a big run-up that began in earnest at the end of December.

Since the third-quarter report on Oct. 15, GCI has jumped 11%, while the widely watched S&P 500 index climbed 5% during the same period.