Gannett Bested Estimates For Q4

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By: fnno.com

Gannett (NYSE:GCI) reported Q4 EPS of $0.72, better than analyst estimates of $0.68 per share. Revenues for the quarter were $1.39 billion in-line with consensus estimates.

Gracia Martore, president and chief executive officer, said, "During a period of weak economic growth, Gannett once again differentiated itself within the media industry by delivering solid profitability across each of our market-leading business segments - publishing, broadcast and digital - as well as free cash flow of $775 million in 2011.































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