Gray Media (GTN) Reports Q4 Loss, Beats Revenue Estimates

Gray Media (GTN) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +21.43%. A quarter ago, it was expected that this broadcast television company would post a loss of $0.41 per share when it actually produced a loss of $0.24, delivering a surprise of +41.46%.Over the last four quarters, the ...