Gray Television(GTN) ZACKS·2025-02-20 16:05Core Viewpoint - Gray Media (GTN) is anticipated to report a significant year-over-year increase in earnings and revenues for the quarter ended December 2024, with earnings per share (EPS) expected to be 1.04 billion, a 20.7% rise from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for February 27, and the stock may experience upward movement if the reported figures exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 11.77% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which complicates the prediction of an earnings beat [10][11]. - Despite the Earnings ESP being neutral, the stock holds a Zacks Rank of 2, indicating a potential for positive performance [11]. Historical Performance - In the last reported quarter, Gray Media was expected to post earnings of 0.86, resulting in a surprise of -8.51% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Conclusion - While Gray Media does not currently appear to be a strong candidate for an earnings beat, investors should consider other influencing factors when making decisions regarding the stock ahead of the earnings release [16].