In the latest close session, Gray Media (GTN) was up +1.72% at $4.74. The stock outperformed the S&P 500, which registered a daily gain of 1.56%. Elsewhere, the Dow saw an upswing of 1.29%, while the tech-heavy Nasdaq appreciated by 2.21%.
The broadcast television company's stock has dropped by 20.48% in the past month, falling short of the Consumer Discretionary sector's loss of 5.13% and the S&P 500's gain of 0.41%.
Market participants will be closely following the financial results of Gray Media in its upcoming release. The company plans to announce its earnings on November 7, 2025. The company is expected to report EPS of -$0.41, down 147.67% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $747 million, reflecting a 21.37% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$1.4 per share and a revenue of $3.11 billion, indicating changes of -141.67% and -14.63%, respectively, from the former year.
Any recent changes to analyst estimates for Gray Media should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Gray Media boasts a Zacks Rank of #3 (Hold).
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 49, this industry ranks in the top 20% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Gray Media Inc. (GTN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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