McClatchy (MNI) Announces Quarterly Results
McClatchy (NYSE:MNI) posted its quarterly earnings results on Thursday. The company reported $1.03 EPS for the quarter, Analyst Ratings.Net reports. The company had revenue of $292.00 million for the quarter, compared to the consensus estimate of $301.61 million.
McClatchy (NYSE:MNI) traded up 1.37% during mid-day trading on Thursday, hitting $5.17. The stock had a trading volume of 104,737 shares. McClatchy has a 52-week low of $2.75 and a 52-week high of $7.39. The stock’s 50-day moving average is $5.4 and its 200-day moving average is $5.38. The company has a market cap of $448.3 million and a price-to-earnings ratio of 28.02.
On the ratings front, analysts at TheStreet downgraded shares of McClatchy from a “hold” rating to a “sell” rating in a research note on Wednesday, June 4th.
The McClatchy Company (NYSE:MNI) is a local media company.
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