By: E&P Staff
Community newspaper publisher GateHouse Media Inc. on Tuesday increased its revenue estimates for the second quarter, saying it expected revenues to be in the range of $161 million to $162 million.
The consensus of analysts had been $159.5 million, according to Reuters Estimates.
Shortly after trading began Tuesday, GateHouse stock (GHS:NYSE) rose 7 cents, or 0.37%, to $18.97
Fairport, N.Y.-based GateHouse publishes 87 daily newspapers in 20 states.