Gannett Co. Q4 Income Climbs

(RTTNews) - Gannett Co. (GCI) announced a profit for its fourth quarter that gained ground from last year.

The company said its bottom line totaled $63.61 million, or $0.55 per share. This was up from $57.97 million, or $0.50 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.5% to $854.24 million. This was down from $866.99 million last year.

Gannett Co. earnings at a glance:

-Earnings (Q4): $63.61 Mln. vs. $57.97 Mln. last year. -Earnings Growth (Y-o-Y): 9.7% -EPS (Q4): $0.55 vs. $0.50 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $0.46 -Revenue (Q4): $854.24 Mln vs. $866.99 Mln last year. -Revenue Change (Y-o-Y): -1.5%

-Guidance: Full year revenue guidance: $2.930 - 3.030 Bln