Saga Communications Inc reports results for the quarter ended March 31 - Earnings Summary

• Saga Communications Inc SGA.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The lone analyst forecast for the quarter was for a loss of 33 cents per share.

• Revenue fell 1.8% to $24.21 million from a year ago; analysts expected $23.00 million.

• Saga Communications Inc shares had fallen by 7.6% this quarter and gained 4.4% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is also "buy"

• Wall Street's median 12-month price target for Saga Communications Inc is $18.00

This summary was machine generated from LSEG data May 8 at 02:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)