McClatchy Co (MNI) Set to Announce Earnings on Wednesday
McClatchy Co (NYSE:MNI) is scheduled to release its earnings data before the market opens on Wednesday, October 18th.
McClatchy (NYSE:MNI) last released its earnings results on Friday, July 21st. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.60) by ($0.19). McClatchy had a negative return on equity of 2,313.90% and a negative net margin of 16.63%. The business had revenue of $225.12 million for the quarter, compared to analysts’ expectations of $229.70 million. On average, analysts expect McClatchy to post $-6.11 EPS for the current fiscal year and $-2.90 EPS for the next fiscal year.
Shares of McClatchy Co (NYSE MNI) opened at 8.16 on Wednesday. The stock’s market cap is $62.20 million. McClatchy Co has a 12-month low of $5.75 and a 12-month high of $18.94. The stock’s 50 day moving average is $7.46 and its 200-day moving average is $8.84.
COPYRIGHT VIOLATION NOTICE: This story was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was stolen and republished in violation of U.S. & international copyright legislation. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/11/mcclatchy-co-mni-set-to-announce-earnings-on-wednesday.html.
MNI has been the subject of several research reports. Noble Financial reaffirmed a “hold” rating on shares of McClatchy in a research note on Friday, July 21st. Zacks Investment Research raised McClatchy from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, ValuEngine downgraded McClatchy from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st.
The McClatchy Company is a news and information publisher of various publications, such as the Miami Herald, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The Company’s segments include Western Segment and Eastern Segment. Its Western Segment consists of its newspaper operations in California, the Northwest and the Midwest.
Receive News & Ratings for McClatchy Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McClatchy Co and related companies with MarketBeat.com's FREE daily email newsletter.