Gannett Co.: 4Q Earnings Snapshot
Gannett Co.: 4Q Earnings Snapshot
MCLEAN, Va. (AP) _ Gannett Co. (GCI) on Wednesday reported a loss of $14.2 million in its fourth quarter.
The McLean, Virginia-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.
The newspaper publisher posted revenue of $751.4 million in the period.
For the year, the company reported profit of $15 million, or 13 cents per share. Revenue was reported as $2.92 billion.
Gannett Co. expects full-year revenue in the range of $2.74 billion to $2.81 billion.
Gannett Co. shares have risen 32 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 11 percent.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GCI at https://www.zacks.com/ap/GCI
