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

Saga Communications (SGA) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.24%. A quarter ago, it was expected that this broadcasting company would post a loss of $0.12 per share when it actually produced earnings of $0.20, delivering a surprise of 266.67%.Over the last four quarters, the c ...