Broadcast TV station owner Gray Television on Tuesday revealed when it will announce its second-quarter earnings report, and hold a conference call for Wall Street analysts.
Set your calendar for Thursday, August 6, with an earnings call set for 10am Eastern.
Unlike some media companies, Gray Television shares have weathered the storm admirably, with GTN relatively stable since mid-May.
Tuesday’s closing price of $14 is just below where Gray shares were in early March, when COVID-19 fears led to a severe market correction.
On February 14, a $22.55 finish was seen for Gray. Now, it has a 1-year target price of $19.43.
Will it get there? The Q2 report could play some role in just how quickly it can rise to that point.
