When Will Gannett Co., Inc. (NYSE:GCI) Turn A Profit? [Yahoo! Finance]
Gannett Co., Inc. (GCI)
Last gannett co., inc. earnings: 11/4 06:55 am
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Source: Yahoo! Finance
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. With the latest financial year loss of US$28m and a trailing-twelve-month loss of US$96m, the US$680m market-cap company amplified its loss by moving further away from its breakeven target. The most pressing concern for investors is Gannett's path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts' expectations for the company. See our latest analysis for Gannett Gannett is bordering on breakeven, according to the 5 American Media analysts. They expect the company to post a final loss in 2025, before turning a profit of US$45m in 2026. So, the company is predicted to breakeven approximately 2 years from today. How fast will the company have to grow each year in order to reach the breakeven point by 2026? Working backwards from analyst estimates, it turns out that they expect the company to grow 107% year-on-year, on average, which
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GCI
News
- Gannett Announces Third Quarter 2024 Results & Updated Full Year OutlookBusiness Wire
- Gannett Announces Expiration of Exchange Offer and Consent SolicitationBusiness Wire
- Gannett Schedules Third Quarter 2024 ResultsBusiness Wire
- Gannett Announces Closing of Refinancing Transactions and Early Settlement of Exchange Offer and Consent SolicitationBusiness Wire
- Gannett Announces Results of Early Participation in Exchange Offer and Consent SolicitationBusiness Wire
GCI
Sec Filings
- 11/14/24 - Form SC
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- GCI's page on the SEC website