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Gray Television (GTN) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-19 23:06
The most recent trading session ended with Gray Television (GTN) standing at $5.21, reflecting a +1.56% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.7%. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%. Shares of the broadcast television company witnessed a gain of 5.99% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.85% and the S&P 500's gain of 1.27%. ...
InvestigateTV+ Grows Clearances for 2024 – 2025 Season
GlobeNewswire News Room· 2024-09-04 16:00
ATLANTA , Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that InvestigateTV+, its award-winning 30-minute news magazine, is now cleared on weekends in 67% of the U.S for the 2024 – 2025 season. The weekday edition of the program is also expanding its reach to 46% of the U.S. this fall. InvestigateTV+ and InvestigateTV+ Weekend will launch their new seasons the week of September 9th. InvestigateTV+ Weekend, formerly known as InvestigateTV, is entering its fourth season. It launched ...
Wall Street Bulls Look Optimistic About Gray Television (GTN): Should You Buy?
ZACKS· 2024-09-04 14:37
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Gray Television (GTN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Gray Television currently ...
Wall Street Analysts Think Gray Television (GTN) Is a Good Investment: Is It?
ZACKS· 2024-08-19 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Gray Television (GTN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Gray Television currently ...
Gray Media Announces Coverage Plans for 2024 Democratic National Convention
GlobeNewswire News Room· 2024-08-19 11:50
ATLANTA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive coverage plans for the 2024 Democratic National Convention. Starting Monday, August 19, through the conclusion of the convention on Thursday, August 22, Gray's Washington DC Bureau and news teams from 13 Gray affiliates will report from Chicago on the local impact of the presidential and vice presidential nomination process and the Democratic party platform. Coverage will be carried on Gray's local affiliates and ...
Gray Television: Bumpy Ride But Thesis Intact
Seeking Alpha· 2024-08-10 10:49
jamievanbuskirk Gray Television (NYSE:GTN) recently reported mixed second-quarter results, which led to a severe decline in GTN's stock price (Figure 1). GTN - Gray Television, Inc. $4.49 -0.77 (-14.64%) 4:00 PM 08/08/24 Figure 1 - GTN shares sold off on a mixed Q2 result (Seeking Alpha) However, going through the details of the quarter, I still see much to like about Gray Television and believe the decline may have been an overreaction. While GTN did guide down on full-year core advertising revenues, the d ...
Gray Television(GTN) - 2024 Q2 - Earnings Call Transcript
2024-08-08 20:54
Gray Television, Inc. (NYSE:GTN) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Hilton Howell - Chairman and CEO Kevin Latek - CLO and CDO Jeff Gignac - CFO Pat LaPlatney - President and Co-CEO Sandy Breland - COO Conference Call Participants Daniel Kurnos - Benchmark Company James Goss - Barrington Research Craig Huber - Huber Research Avi Steiner - JPMorgan Steven Cahall - Wells Fargo Mike Kerrane - Truist Securities David Hamburger - Morgan Stanley Operator Welcome, ladi ...
Gray Television(GTN) - 2024 Q2 - Quarterly Report
2024-08-08 16:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number: 1-13796 Gray Television, Inc. (Exact name of registrant as specified in its charter) Georgia 58-0285030 (State or other jurisdicti ...
Gray Television (GTN) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-08 12:16
Gray Television (GTN) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this broadcast television company would post earnings of $0.54 per share when it actually produced earnings of $0.79, delivering a surprise of 46.30%. Over the last four quarte ...
Gray Television(GTN) - 2024 Q2 - Quarterly Results
2024-08-08 10:15
Exhibit 99.1 NEWS RELEASE Gray Announces Operating Results for the Second Quarter Atlanta, Georgia –August 8, 2024. . . Gray Television, Inc. ("Gray Media," "Gray," "we," "us" or "our") (NYSE: GTN) today announced financial results for the second quarter ended June 30, 2024, including total revenue of $826 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $607 million. While we are overall pleased with our results in the second quarter, macro-economic ...