tag:blogger.com,1999:blog-8099437767970534324.post1726660553588766501..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Earnings | GCI seen reporting Q3 rev, profit jump; broadcasting and paywalls are likely bright spotsJim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-8099437767970534324.post-45836311002724818632012-10-16T13:59:17.028-04:002012-10-16T13:59:17.028-04:00Wait for next year when Broadcast has no Olympics,...Wait for next year when Broadcast has no Olympics, no Election and just a few stations with one night of Superbowl. It will suck compared to this year and with that many Broadcast workers will get chopped! After all, Lougee has to make more money to keep the pohick bugle afloat!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-32849342050204138712012-10-15T16:21:00.140-04:002012-10-15T16:21:00.140-04:00Gannett still sinking enjoy the temporary increase...Gannett still sinking enjoy the temporary increase in revenue. Next year it's going to be a difficult comparison. Company won't save much from the buyouts and restructuring.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-32948106963621631602012-10-15T12:32:39.193-04:002012-10-15T12:32:39.193-04:0012:26 I meant relative to the last several quarter...12:26 I meant relative to the last several quarters of revenue declines. Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-40587894118461518622012-10-15T12:27:18.492-04:002012-10-15T12:27:18.492-04:0011:53 AM - Sorry, but what constitutes "decen...11:53 AM - Sorry, but what constitutes "decent" profit (to the extent it is controllable) is entirely the prerogative of the shareholders — who you will recall were voting with their dollars and their feet during the period you refer to.<br /><br />The hallmark of "a company with integrity" is that it is a prudent fiduciary. The alternative is a failing company.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-81702019152201679882012-10-15T12:26:14.480-04:002012-10-15T12:26:14.480-04:00Jim.....
Your comment suggesting "Any revenu...Jim.....<br /><br />Your comment suggesting "Any revenue increase in the third quarter would be striking" is a bit dramatic. While it's definitely a 180 from recent past performance, guidance provided for 3rd quarter expected revenue growth. I would have figured a miss in this area to be more striking. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-36618170359173392292012-10-15T11:53:02.990-04:002012-10-15T11:53:02.990-04:00The one thing Gannett knows how to do is make mone...The one thing Gannett knows how to do is make money. There have been ups and downs, of course, but profitability hasn't really been an issue since the days when USA Today lost money year in and year out.<br /><br />Of course, decent profit margins weren't enough to save jobs during the great recession. Gannett is a ruthless company, despite some of it touchy feel initiatives it Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-36997343367684092472012-10-15T10:27:13.367-04:002012-10-15T10:27:13.367-04:00Print advertising down ..again.
No surprise there....Print advertising down ..again.<br />No surprise there.<br />Broadcsting up,guess where the growth will be and guess where the cuts will be.<br />Not rocket science.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-41584100575930854642012-10-15T09:53:34.331-04:002012-10-15T09:53:34.331-04:00Self-insurers are mostly beyond reach of ACA (exce...Self-insurers are mostly beyond reach of ACA (except to the extent it drives inflation and cost-shifting).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-7466468100364631552012-10-15T09:19:25.843-04:002012-10-15T09:19:25.843-04:00ACA - quality down, lines longer. Nice.ACA - quality down, lines longer. Nice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-15169267193576399242012-10-15T09:18:26.354-04:002012-10-15T09:18:26.354-04:00Pension fund probably OK. For now.Pension fund probably OK. For now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-88695411997370832762012-10-15T08:59:07.169-04:002012-10-15T08:59:07.169-04:00Correct, 8:03 AM, I'd be shocked if the Evil E...Correct, 8:03 AM, I'd be shocked if the Evil Empire kept health care for its slaves after ACA kick in.<br /><br />MUCH cheaper to pay the penalty, or tax, whatever the Supremes say it is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-43312205113782122002012-10-15T08:56:07.100-04:002012-10-15T08:56:07.100-04:0056 cents vs. .44 q/q, might get a bounce to $20 so...56 cents vs. .44 q/q, might get a bounce to $20 soon over expectations from political season spending:<br />http://finance.yahoo.com/news/gannett-co-inc-reports-third-123000514.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-49077586880365726192012-10-15T08:44:05.305-04:002012-10-15T08:44:05.305-04:00News release on the financials is out. Revenue up ...News release on the financials is out. Revenue up year-over-year, but advertising revenue for publishing remains down. Broadcast, digital, circulation revenue up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-18479409945470468342012-10-15T08:03:22.903-04:002012-10-15T08:03:22.903-04:00Layoffs and furloughs is yesterday’s news 7:01 as ...Layoffs and furloughs is yesterday’s news 7:01 as dropping employee health plans, as rewarded by the Affordable Care Act <i>($2,000 penalty per employee versus paying 5x more for employee plans)</i> is where the really money is at in the future. <br /><br />Get ready.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-8914775229906637842012-10-15T07:01:09.241-04:002012-10-15T07:01:09.241-04:00Today's buzzword phrase to listen for: continu...Today's buzzword phrase to listen for: continued cost containment. Translation: more layoffs and furloughs; shitty raises.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-80206103830364273422012-10-15T01:04:04.223-04:002012-10-15T01:04:04.223-04:00Keeping my fingers crossd that management has not ...Keeping my fingers crossd that management has not snared defeat from the jaws of victory.Anonymousnoreply@blogger.com