Saga Communications (SGA) Reports Q1 Loss, Tops Revenue Estimates

Core Insights - Saga Communications reported a quarterly loss of $0.25 per share, better than the Zacks Consensus Estimate of a loss of $0.33, but worse than a loss of $0.14 per share a year ago, indicating an earnings surprise of 24.24% [1] - The company posted revenues of $24.21 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.27%, although this represents a decline from year-ago revenues of $24.66 million [2] - Saga shares have increased approximately 4.4% since the beginning of the year, contrasting with a decline of 4.3% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $29.45 million, and for the current fiscal year, it is $0.45 on revenues of $111.2 million [7] - The estimate revisions trend for Saga is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Broadcast Radio and Television industry, to which Saga belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]