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Stock impact report

Gannett Co., Inc.'s (NYSE:GCI) Path To Profitability [Yahoo! Finance]

Gannett Co., Inc. (GCI) 
Last gannett co., inc. earnings: 11/4 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.gannett.com
Company Research Source: Yahoo! Finance
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. On 31 December 2023, the US$289m market-cap company posted a loss of US$28m for its most recent financial year. As path to profitability is the topic on Gannett's investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. View our latest analysis for Gannett Consensus from 3 of the American Media analysts is that Gannett is on the verge of breakeven. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$58m in 2025. Therefore, the company is expected to breakeven just over a year from today. In order to meet this breakeven date, we calculated the rate at which the company must grow year-on-year. It turns out an average annual growth rate of 84% is expected, which is rather optimistic! Should the business grow at a slower rate, it will become profitab Show less Read more
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