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Gannett Co.: 2Q Earnings Snapshot

August 5, 2019

MCLEAN, Va. (AP) _ Gannett Co. (GCI) on Monday reported second-quarter profit of $26.7 million.

The McLean, Virginia-based company said it had profit of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 21 cents per share.

The newspaper publisher posted revenue of $660.3 million in the period.

Gannett Co. expects full-year revenue in the range of $2.74 billion to $2.81 billion.

Gannett Co. shares have increased 25% since the beginning of the year, while the Standard & Poor’s 500 index has increased 13%.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GCI at https://www.zacks.com/ap/GCI

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