Gray Television (GTN) Misses Q2 Earnings and Revenue Estimates

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 ...