Gray Television, Inc.(GTN): For the most recent quarter end, Gray Television, Inc. reported Annual Earnings of $0.26. Based on the filings, last years Annual Earnings was, $0.66. For the most recent quarter end, GTN reported a surprise Earnings per Share of -36.59% . The consensus estimate for current quarter is $0.49 and for the current fiscal year, the estimate is $1.11. For the Next fiscal year, the estimate is $0.9 based on the consensus.
Gray Television, Inc. has received $0.49 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.48 while the top line estimate is $0.49 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 130.95%. Gray Television, Inc. results fell short with a surprise EPS of -36.59% or $-0.15. The Actual EPS was $0.26 compared to the Estimated EPS of $0.41 during its most recent quarterly earnings.
Gray Television, Inc. has a Price to Earnings ratio of 15.12 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.82. For the Most Recent Fiscal Year, Gray Television, Inc. has a price to cash ratio of 7.16. For the Trailing twelve month period, company showed a Net Profit Margin of 5.57% and Return on Equity of the stock is 13.68%.
Gray Television Last issued its quarterly earnings results on Nov 8, 2016. The company reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.13. Analyst had a consensus of $0.39. The company had revenue of $204.50 million for the quarter, compared to analysts expectations of $217.76 million. The companys revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.
Company has reported several Insider transactions to the SEC, on Dec 28, 2016, T L Elder (director) sold 2,960 shares at 10.98 per share price.On Nov 18, 2016, Harriett J Robinson (director 10% owner) purchased 6,100 shares at 9.55 per share price.On Nov 16, 2016, Robin Robinson Howell (director) purchased 1,720 shares at 8.98 per share price.
Gray Television, Inc. (NYSE:GTN) rose 5.18% or 0.65 points on Wednesday and made its way into the gainers of the day. After trading began at $12.5 the stock was seen hitting $13.2 as a peak level and $12.5 as the lowest level. The stock ended up at $13.2. The daily volume was measured at 1,496,938 shares. The 52-week high of the share price is $14.77 and the 52-week low is $7. The company has a market cap of $960 million.
Gray Television is a communications company headquartered in Atlanta, Georgia, and currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers.