Gannett Co. Inc. Financial Update: Quarterly Earnings and Market Performance

Gannett Co., Inc., a prominent local newspaper company in the United States, is set to release its quarterly earnings report on May 1, 2025. The company, which operates within the Communication Services sector and focuses on media, is expected to present its financial results for the quarter ending March 31, 2025. Analysts have projected an earnings per share (EPS) of -0.135 USD, indicating a slight improvement from the previous year’s loss of -0.600 USD per share.

The company’s financial performance has been under scrutiny, with a reported 6.71% decline in revenue for the quarter, bringing the total to approximately 593.1 million USD. This figure contrasts with the 635.8 million USD reported in the same quarter of the previous year. Despite these challenges, analysts anticipate a positive shift in the fiscal year, forecasting an EPS of 0.062 USD compared to the prior year’s -0.180 USD. Revenue expectations for the fiscal year are set at around 2.42 billion USD.

Gannett’s stock performance has reflected these financial challenges, with the closing price on April 29, 2025, at 3.2 USD. This is significantly lower than the 52-week high of 5.93 USD recorded on September 17, 2024, and above the 52-week low of 2.55 USD on April 8, 2025. The company’s market capitalization stands at approximately 503.74 million USD, with a negative price-to-earnings ratio of -17.46, highlighting the current investor sentiment.

Gryphon Capital Income Trust Updates

In related financial news, Gryphon Capital Income Trust (ASX: GCI) has updated its Net Tangible Asset (NTA) backing figures. As of April 30, 2025, the NTA per unit was reported at $2.0201, slightly down from $2.0216 on April 29, 2025, and $2.0196 on April 28, 2025. The most recent update on May 1, 2025, shows the NTA per unit at $2.0075, with all figures being unaudited and approximate.

Additionally, Gryphon Capital Income Trust has announced an update to its dividend distribution. The trust, managed by One Managed Investment Funds Limited, has adjusted the estimated distribution amount to the actual amount, with the announcement made on May 1, 2025. This update is part of the trust’s ongoing efforts to provide transparent financial information to its investors.

These financial updates reflect the broader challenges and adjustments within the media and investment sectors, as companies like Gannett and Gryphon Capital navigate economic conditions and investor expectations.