GTN Stock Recent News

After Gray Television was disappointed last quarter, GTN stated that they would be more conservative in guidance moving forward - setting the stage for possible earnings surprises. Auto ad spend should be increasing with both dealers and manufacturers returning to the market.

ATLANTA, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, December 31, 2022 on Friday, February 24, 2023.

VUit's audience has grown exponentially in the past year, and it offers feeds from over 260 broadcast stations.

GTN missed revenue and EPS estimates in Q3 based off of lower political ad spend in its key markets. The Georgia Senate run-off should help GTN come in above its guidance for the year of $495 million to $505 million.

GTN vs. IHRT: Which Stock Is the Better Value Option?

The heavy selling pressure might have exhausted for Gray Television (GTN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Gray Television, Inc. (NYSE:GTN ) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Hilton Howell - Executive Chairman, Chief Executive Officer Pat LaPlatney - President, Co-CEO Kevin Latek - Chief Legal and Development Officer Jim Ryan - Chief Financial Officer Bob Smith - Chief Operating Officer Conference Call Participants Craig Huber - Huber Resource Partners Steven Cahall - Wells Fargo Dan Kurnos - Benchmark Company Jim Goss - Barrington Research Nick Zangler - Stephen Aaron Watts - Deutsche Bank Alan Gould - Loop Capital Michael Kupinski - Noble Capital Markets Operator Ladies and gentlemen, welcome to the Gray Television Third Quarter 2022 Earnings Call. Your host for today, Chairman, Hilton Howell.

Gray Television (GTN) delivered earnings and revenue surprises of -26.95% and 4.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ATLANTA, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, September 30, 2022 on Friday, November 4, 2022.