Gannett (GCI) wraps up a busy week of newspaper earnings on Firady before the open. Consensus for the fourth quarter calls for EPS of $1.41 and revenue of $2.0 billion. Management has guided to the low end of $1.40 to $1.44. If the report is inline, the year will end up at $4.94, flat with […]
I have no real complaints with the earnings report or conference call from Dow Jones (DJ). The report and guidance commentary is inline with evidence of upside potential to the 2006 outlook. This optimism has the stock trading higher, up 2% when the call started and up 3% as the call wraps up. I can’t […]
Lionsgate (LGF-the company recently renamed itself Lionsgate) announced the sale of its studio production facilities in Canada for $36.1 million. To be honest, I did not even realize the company owned its own facilities. According to a report I just read, this asset was going to generate less than $5 million in revenue and a […]
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