NYSE$GTN

Gray Media Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

GTN Q2 2024 — $1.60B revenue

Our financial condition as of, and operating results for the three and six -months ended June 30, 2024, are not necessarily indicative of the financial condition or results that may be expected for an. Gray Media Inc reported Q2 2024 results. Net income of $137.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.60B.
  • Net income: $137.0M.
  • Operating income: $152.

Headline financials

Total Revenue

$826M

Previous: $813M+1.6%
EPS (adj)

$0.09

Previous: -$0.10+190.0%
Capital Expenditures

$29M

Previous: -$213M+113.6%
Free Cash Flow

$22M

Previous: -$209M+110.5%
Net Income

$22M

Previous: $4M+450.0%
Operating Income

$152M

Previous: $119M+27.7%
Gross Profit

$19M

Previous: $250M-92.4%
Cash & Equivalents

$75M

Previous: $36M+108.3%
Total Assets

$10.6B

Previous: $10.8B-1.6%
Stock-Based Comp

$6M

Previous: $7M-14.3%

Revenue & EPS history

Gray Television · Revenue · Quarterly

$826M

Q2 2024+1.6%vs Q2 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.2%

Avg return

Earnings day

+0.4%

Avg return

5 days after

-0.6%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+23.8%

Q4 2025

Best reaction

-30.7%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-20.1%-22.6%-27.7%
Q4 2025+23.8%+10.1%-3.6%
Q3 2025+4.6%+6.7%-0.2%
Q1 2025+16.7%+22.3%+2.4%
Q4 2024+0.5%-8.5%+11.4%
Q3 2024-22.1%-24.0%-29.2%
Q2 2024-16.5%-19.6%-12.7%
Q1 2024+1.2%+3.0%-14.7%
Q4 2023-24.9%-28.8%-28.2%
Q3 2023-2.0%-4.8%+14.8%
Q2 2023+12.7%+1.7%-10.5%
Q1 2023+8.8%+2.1%+13.1%
Q4 2022-3.8%-9.7%-33.6%
Q3 2022-30.7%-31.4%-14.9%
Q2 2022-5.2%-2.8%-3.8%
Q1 2022-5.1%-0.3%+0.8%
Q4 2021+15.7%+21.3%+15.3%
Q3 2021-7.5%-8.9%-17.2%
Q2 2021+1.9%+1.0%+1.0%
Q1 2021+5.7%+8.8%+15.5%
Q4 2020-8.7%-6.0%-8.7%
Q3 2020+11.4%+24.2%+40.4%
Q2 2020+3.8%+10.1%+2.6%
Q1 2020+13.8%+7.3%+49.6%
Q4 2019+8.9%-0.3%-31.3%
Q3 2019+19.8%+16.9%+23.8%
Q2 2019-5.8%-7.8%-6.7%
Q1 2019-9.0%-14.8%-25.5%
Q4 2018+20.0%+20.1%+13.6%
Q3 2018+11.2%+12.3%+1.1%
Q2 2018+14.8%+9.1%+10.7%
Q1 2018+3.1%+3.1%-0.4%
Q4 2017-10.1%-9.4%-17.3%
Q3 2017-1.6%+0.3%-3.6%
Q2 2017+6.2%+7.7%+2.6%
Q1 2017-2.6%-3.7%-7.8%
Q4 2016+2.9%+9.6%+6.6%
Q3 2016-1.2%+11.6%+37.2%
Q2 2016+12.3%+9.2%+12.8%
Q1 2016-10.2%
Q4 2015+2.9%
Q3 2015+2.4%
Q2 2015-15.0%
Q1 2015+1.7%
Q4 2014+15.5%
Q3 2014+7.5%
Q2 2014-1.1%
Q1 2014-2.7%
Q4 2013-1.0%
Q3 2013+2.7%
Q2 2013+0.6%
Q1 2013+4.4%
Q4 2012-9.1%
Q3 2012-2.7%
Q2 2012-5.8%
Q1 2012+8.4%
Q1 2011+8.4%
Q2 2011-2.5%
Q4 2009-2.5%
Q4 2011-2.5%
Q3 2011-4.6%
Q3 2010-4.6%
Q4 2010-21.5%
Q2 2010-21.5%
Q1 2010-0.6%

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