Price/Volume Alert: Gannett (GCI)

Gannett Co., Inc. (NYSE: GCI) is rarely a pre-market intensity fruit stock.  But the company’s earnings came in much better than many had expected.  The individual business metrics and trends continue to be atrocious, but the consort earned $70.5 million or $0.30 EPS in the Q2 period.  On a non-GAAP basis, that was $0.46 EPS and Thomson Reuters was only $0.36 EPS.  After 2 minutes of trading we hit already hit the 1 million share evaluation and shares are up 20% at $4.20.  The average intensity is 7 million shares and the 52-week range is $1.85 to $21.68. -Jon C. Ogg
POSTED 9:32 AM EST