Gray Television (NYSE:GTN) is scheduled to announce its earnings results before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Gray Television (NYSE:GTN) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.31) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.44) by $0.13. Gray Television had a net margin of 12.56% and a return on equity of 20.34%. The business had revenue of $518.00 million for the quarter, compared to analyst estimates of $498.41 million. During the same quarter last year, the business earned $0.22 earnings per share. The business’s revenue for the quarter was up 129.2% on a year-over-year basis. On average, analysts expect Gray Television to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NYSE GTN opened at $16.81 on Tuesday. Gray Television has a 12 month low of $13.75 and a 12 month high of $25.31. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 6.92, a PEG ratio of 1.88 and a beta of 1.98. The company’s 50 day moving average is $17.23.
About Gray Television
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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