Home Markets Earnings Estimate Forecast on New Media Investment Group Inc.(NEWM)

Earnings Estimate Forecast on New Media Investment Group Inc.(NEWM)

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New Media Investment Group Inc.(NEWM): For the most recent quarter end, New Media Investment Group Inc. reported Annual Earnings of $0.31. Based on the filings, last years Annual Earnings was, $0.7. For the most recent quarter end, NEWM reported a surprise Earnings per Share of -34.04% . The consensus estimate for current quarter is $0.27 and for the current fiscal year, the estimate is $1.34. For the Next fiscal year, the estimate is $1.5 based on the consensus.

New Media Investment Group Inc. has received $0.27 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 145.45%. New Media Investment Group Inc. results fell short with a surprise EPS of -34.04% or $-0.16. The Actual EPS was $0.31 compared to the Estimated EPS of $0.47 during its most recent quarterly earnings.

New Media Investment Group Inc. has a Price to Earnings ratio of 21.75 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.04. For the Most Recent Fiscal Year, New Media Investment Group Inc. has a price to cash ratio of 7.91. For the Trailing twelve month period, company showed a Net Profit Margin of 2.52% and Return on Equity of the stock is 4.78%.

New Media Investment Group Inc Last issued its quarterly earnings results on Feb 21, 2017. The company reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.37. The company had revenue of $333.60 million for the quarter, compared to analysts expectations of $326.54 million. During the same quarter in the previous year, the company posted $1.26 EPS.

Company has reported several Insider transactions to the SEC, on Nov 29, 2016, Laurence Tarica (director) purchased 10,000 shares at 15.90 per share price.On Nov 23, 2016, Gregory William Freiberg (CFO) purchased 10,000 shares at 16.00 per share price.On Nov 23, 2016, Michael Reed (CEO) purchased 10,000 shares at 16.00 per share price.

New Media Investment Group Inc. (NYSE:NEWM) rose 1.4% or 0.21 points on Wednesday and made its way into the gainers of the day. After trading began at $15 the stock was seen hitting $15.31 as a peak level and $14.92 as the lowest level. The stock ended up at $15.22. The daily volume was measured at 846,070 shares. The 52-week high of the share price is $19.885 and the 52-week low is $13.95. The company has a market cap of $814 million.

New Media Investment Group, Inc. is an online advertising and digital marketing company. The companys core products include daily newspapers; weekly newspapers; locally focused Websites; mobile sites and yellow page directories. Its print and online products provide local market news and information that covers various topics, such as local news and politics, community and regional events, youth sports, opinion and editorial pages, and local schools. It also invests in diversified portfolio of local media assets. New Media Investment Group Inc. is based in New York.

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