Saga Communications (SGA) Reports Q3 Loss, Misses Revenue Estimates

Core Insights - Saga Communications reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate of $0.21, and compared to earnings of $0.20 per share a year ago, representing an earnings surprise of -138.10% [1] - The company posted revenues of $28.17 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.47%, and showing a marginal increase from year-ago revenues of $28.12 million [2] - The stock has gained approximately 11.7% since the beginning of the year, underperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.16 on revenues of $28.5 million, and for the current fiscal year, it is $0.30 on revenues of $109.24 million [7] - The estimate revisions trend for Saga was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Broadcast Radio and Television industry, to which Saga belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Townsquare Media, is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of -85.7%, with revenues anticipated to be $107.96 million, down 6.4% from the previous year [9][10]