Gray Television Earnings Estimate

GTN Stock  USD 4.34  0.21  5.08%   
The next projected EPS of Gray Television is estimated to be -0.45 with future projections ranging from a low of -0.54 to a high of -0.31. Gray Television's most recent 12-month trailing earnings per share (EPS TTM) is at 3.36. Please be aware that the consensus of earnings estimates for Gray Television is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Gray Television is projected to generate -0.45 in earnings per share on the 31st of March 2025. Gray Television earnings estimates show analyst consensus about projected Gray Television EPS (Earning Per Share). It derives the highest and the lowest estimates based on Gray Television's historical volatility. Many public companies, such as Gray Television, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Gray Television Revenue Breakdown by Earning Segment

By analyzing Gray Television's earnings estimates, investors can diagnose different trends across Gray Television's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Gray Television's Gross Profit is very stable compared to the past year. As of the 16th of March 2025, Pretax Profit Margin is likely to grow to 0.14, while Operating Profit Margin is likely to drop 0.16.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.

Gray Television Earnings Estimation Breakdown

The calculation of Gray Television's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Gray Television is estimated to be -0.45 with the future projection ranging from a low of -0.54 to a high of -0.31. Please be aware that this consensus of annual earnings estimates for Gray Television is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.35
-0.54
Lowest
Expected EPS
-0.45
-0.31
Highest

Gray Television Earnings Projection Consensus

Suppose the current estimates of Gray Television's value are higher than the current market price of the Gray Television stock. In this case, investors may conclude that Gray Television is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Gray Television's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2025Current EPS (TTM)
668.18%
1.3523
-0.45
3.36

Gray Television Earnings History

Earnings estimate consensus by Gray Television analysts from Wall Street is used by the market to judge Gray Television's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Gray Television's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Gray Television Quarterly Gross Profit

421 Million

At this time, Gray Television's Retained Earnings are very stable compared to the past year. As of the 16th of March 2025, Retained Earnings Total Equity is likely to grow to about 1.5 B, while Price Earnings Ratio is likely to drop 0.76. As of the 16th of March 2025, Net Income Applicable To Common Shares is likely to grow to about 486.6 M, while Common Stock Shares Outstanding is likely to drop about 51.8 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gray Television's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.294.308.31
Details
Intrinsic
Valuation
LowRealHigh
0.884.898.90
Details
Naive
Forecast
LowNextHigh
0.644.658.67
Details
7 Analysts
Consensus
LowTargetHigh
5.285.806.44
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Gray assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Gray Television. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Gray Television's stock price in the short term.

Gray Television Earnings per Share Projection vs Actual

Actual Earning per Share of Gray Television refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Gray Television predict the company's earnings will be in the future. The higher the earnings per share of Gray Television, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Gray Television Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Gray Television, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Gray Television should always be considered in relation to other companies to make a more educated investment decision.

Gray Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Gray Television's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-02-21
2024-12-311.26671.35230.0856
2024-11-08
2024-09-300.920.87-0.05
2024-08-08
2024-06-300.10.09-0.0110 
2024-05-07
2024-03-310.180.790.61338 
2024-02-23
2023-12-31-0.16-0.24-0.0850 
2023-11-08
2023-09-30-0.32-0.57-0.2578 
2023-08-04
2023-06-30-0.18-0.10.0844 
2023-05-05
2023-03-31-0.26-0.48-0.2284 
2023-02-24
2022-12-311.781.880.1
2022-11-04
2022-09-301.411.03-0.3826 
2022-08-05
2022-06-300.870.910.04
2022-05-06
2022-03-310.370.520.1540 
2022-02-24
2021-12-310.210.17-0.0419 
2021-11-04
2021-09-300.380.36-0.02
2021-08-05
2021-06-300.30.27-0.0310 
2021-05-03
2021-03-310.180.270.0950 
2021-02-25
2020-12-311.882.320.4423 
2020-11-05
2020-09-300.891.140.2528 
2020-08-06
2020-06-300.03-0.02-0.05166 
2020-05-07
2020-03-310.380.40.02
2020-02-27
2019-12-310.540.810.2750 
2019-11-07
2019-09-300.310.460.1548 
2019-08-07
2019-06-300.350.31-0.0411 
2019-05-08
2019-03-31-0.25-0.31-0.0624 
2019-02-28
2018-12-310.921.00.08
2018-11-06
2018-09-300.630.70.0711 
2018-08-07
2018-06-300.410.460.0512 
2018-05-08
2018-03-310.160.220.0637 
2018-02-27
2017-12-310.240.40.1666 
2017-11-06
2017-09-300.220.21-0.01
2017-08-08
2017-06-300.250.340.0936 
2017-05-04
2017-03-310.060.140.08133 
2017-03-01
2016-12-310.50.49-0.01
2016-11-08
2016-09-300.390.26-0.1333 
2016-08-04
2016-06-300.250.24-0.01
2016-05-09
2016-03-310.10.180.0880 
2016-02-26
2015-12-310.20.220.0210 
2015-11-03
2015-09-300.120.180.0650 
2015-08-05
2015-06-300.130.170.0430 
2015-05-05
2015-03-310.050.10.05100 
2015-03-03
2014-12-310.540.53-0.01
2014-11-05
2014-09-300.250.24-0.01
2014-08-07
2014-06-300.120.11-0.01
2014-05-08
2014-03-310.010.020.01100 
2014-03-11
2013-12-310.10.09-0.0110 
2013-11-07
2013-09-300.120.120.0
2013-08-08
2013-06-300.090.090.0
2013-05-02
2013-03-31-0.010.020.03300 
2013-02-20
2012-12-310.470.770.363 
2012-10-31
2012-09-300.230.260.0313 
2012-08-03
2012-06-300.170.170.0
2012-02-24
2011-12-310.040.10.06150 
2011-11-04
2011-09-30-0.055.0E-40.0505101 
2011-08-08
2011-06-30-0.020.010.03150 
2011-05-09
2011-03-31-0.13-0.090.0430 
2011-03-01
2010-12-310.220.350.1359 
2010-08-12
2010-06-30-0.13-0.110.0215 
2010-05-10
2010-03-31-0.28-0.190.0932 
2009-11-09
2009-09-30-0.27-0.210.0622 
2009-08-07
2009-06-30-0.11-0.22-0.11100 
2009-05-08
2009-03-31-0.18-0.27-0.0950 
2009-03-16
2008-12-310.15-4.32-4.472980 
2008-11-05
2008-09-300.10.03-0.0770 
2008-08-07
2008-06-300.030.060.03100 
2008-05-09
2008-03-31-0.1-0.080.0220 
2007-11-07
2007-09-30-0.06-0.09-0.0350 
2007-08-06
2007-06-30-0.07-0.23-0.16228 
2007-05-07
2007-03-31-0.13-0.24-0.1184 
2007-03-15
2006-12-310.190.16-0.0315 
2006-11-08
2006-09-300.080.01-0.0787 
2006-08-09
2006-06-300.050.070.0240 
2006-05-09
2006-03-31-0.09-0.070.0222 
2006-03-16
2005-12-310.1-0.05-0.15150 
2005-11-07
2005-09-300.040.02-0.0250 
2005-08-08
2005-06-300.140.150.01
2005-05-05
2005-03-310.020.030.0150 
2005-03-10
2004-12-310.270.280.01
2004-11-04
2004-09-300.210.220.01
2004-08-09
2004-06-300.20.220.0210 
2004-05-06
2004-03-310.090.090.0
2004-03-08
2003-12-310.120.01-0.1191 
2003-11-12
2003-09-300.070.090.0228 
2003-08-12
2003-06-300.110.120.01
2003-05-13
2003-03-31-0.01-0.010.0
2003-02-15
2002-12-310.090.160.0777 
2002-11-12
2002-09-300.060.140.08133 
2000-02-03
1999-12-31-0.18-0.130.0527 
1999-10-28
1999-09-30-0.3-0.190.1136 
1999-07-28
1999-06-300.07-0.11-0.18257 
1999-04-27
1999-03-31-0.22-0.140.0836 
1999-02-02
1998-12-31-0.170.020.19111 
1998-07-21
1998-06-30-0.090.040.13144 
1998-04-29
1998-03-31-0.29-0.150.1448 
1998-01-28
1997-12-310.02-0.07-0.09450 
1997-10-21
1997-09-30-0.09-0.13-0.0444 
1997-07-22
1997-06-300.030.030.0
1997-04-10
1997-03-31-0.01-0.07-0.06600 
1997-01-21
1996-12-31-0.030.050.08266 
1996-10-25
1996-09-300.040.410.37925 
1995-10-17
1995-09-300.120.05-0.0758 

About Gray Television Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Gray Television earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Gray Television estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Gray Television fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings1.4 B1.4 B
Retained Earnings Total Equity1.4 B1.5 B
Earnings Yield 1.25  1.32 
Price Earnings Ratio 0.80  0.76 
When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
10.164
Dividend Share
0.32
Earnings Share
3.36
Revenue Per Share
38.358
Quarterly Revenue Growth
0.209
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.