GTN

GTN Earnings Preview

Gray Media, Inc. · Communication Services · $723M

14d until earnings

GTN Earnings

Thursday, May 07 2026
EPS Estimate
$-0.03
$-0.03 – $-0.03
Revenue Estimate
$769M
Current Price
$6.20

Our Position

bearish

Gray Media misses revenue, beats on cost cuts

structured data est. revisions stable

The sharp 24% revenue decline signals persistent headwinds in traditional broadcast advertising, though the company's ability to cut costs kept earnings damage modest. Without a clear path to stabilize top-line growth, margin management becomes the only lever — sustainable only if expenses can shrink faster than revenue.

Watch: Watch 2026 guidance and advertising trends in the first quarter. If revenue declines decelerate or stabilize, the cost-cutting narrative holds water; if declines accelerate, the stock faces structural pressure from a shrinking ad base.

Data Signal Summary

2 bullish
2 bearish
Estimates up +86% Insider selling cluster Put/call 0.1 (bullish skew) Price downtrend

Key Context

Insider Activity
mixed
Price Trend
downtrend
From 52w High
0.0%
Est. Revisions (30d)
+86.4% 1up/0dn
Analyst Target (mean)
$7 $4–$12 +18%
Options P/C Ratio
0.05
Est. Dispersion
0% 1 analysts
Insider Cluster
strong sell (officer)
Fund Convergence
moderate Citadel, Renaissance

Recent Activity

insider trades 35 transactions
Award · LAPLATNEY DONALD PATRICK (Chief Executive Officer) ·51,323 shares
Award · LATEK KEVIN PAUL (Officer) ·36,818 shares
Award · MCNAMARA SANDRA BRELAND (Chief Operating Officer) ·18,989 shares
Award · LAPLATNEY DONALD PATRICK (Chief Executive Officer) ·365,302 shares ·$1,695,001
Award · LATEK KEVIN PAUL (Officer) ·262,123 shares ·$1,216,251
30 more
Award · MCNAMARA SANDRA BRELAND ·238,147 shr ·$1,105,002
Award · GIGNAC JEFFREY R ·238,147 shr ·$1,105,002
Sell · BOGER RICHARD LEE ·20,000 shr ·$116,460
Buy · GIGNAC JEFFREY R ·12,500 shr ·$46,000
Award · HOWELL ROBIN ROBINSON ·43,011 shr
Award · HARE RICHARD B ·43,011 shr
Award · GARCIA LUIS A. ·43,011 shr
Award · MCCLAIN LORRI ·43,011 shr
Award · NEWTON HOWELL WILLIAM ·43,011 shr
Award · MCTEAR PAUL H JR ·43,011 shr
Award · HOWELL HILTON H JR ·43,011 shr
Award · BOGER RICHARD LEE ·43,011 shr
Award · LAPLATNEY DONALD PATRICK ·14,185 shr ·$53,336
Award · LATEK KEVIN PAUL ·10,176 shr ·$38,262
Sell · BOGER RICHARD LEE ·16,000 shr ·$61,552
Award · LAPLATNEY DONALD PATRICK ·357,805 shr ·$1,467,000
Award · LATEK KEVIN PAUL ·256,830 shr ·$1,053,003
Award · MCNAMARA SANDRA BRELAND ·223,354 shr ·$915,751
Award · GIGNAC JEFFREY R ·233,232 shr ·$956,251
Sell · MCTEAR PAUL H JR ·17,780 shr ·$67,020
Sell · LATEK KEVIN PAUL ·155,124 shr ·$677,892
Award · HOWELL ROBIN ROBINSON ·23,739 shr
Award · HARE RICHARD B ·23,739 shr
Award · GARCIA LUIS A. ·23,739 shr
Award · SPAINHOUR STERLING A. JR. ·23,739 shr
Award · MCCLAIN LORRI ·23,739 shr
Award · NEWTON HOWELL WILLIAM ·23,739 shr
Award · MCTEAR PAUL H JR ·23,739 shr
Award · HOWELL HILTON H JR ·23,379 shr
Award · BOGER RICHARD LEE ·23,739 shr