SGA Earnings Prediction
The chart below shows how SGA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SGA sees a +0.53% change in stock price 10 days leading up to the earnings, and a -2.23% change 10 days following the report. On the earnings day itself, the stock moves by -0.22%. This data can give you a slight idea of what to expect for the next quarter's release.
SGA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
28.12M
-3.54%
-2.17%
Gross Margin
16.57%
-24.41%
-8.40%
Operating Margin
6.02%
-49.75%
-19.52%
Net Margin
4.51%
-51.82%
-48.16%
EPS
0.20
-55.56%
-50.00%
No Data Available
SGA Earnings Analysis
Saga Communications, Inc. Class A Common Stock (FL) Corporation (SGA.O) Earnings Conference Call
Positive
Political Revenue Surge: 1. Increased Political Revenue: Saga Communications reported a significant increase in gross political revenue, reaching $677,000 for Q3 2024, compared to $234,000 in Q3 2023, marking a growth of over 189%.
E-commerce Revenue Surge: 2. Strong E-commerce Growth: E-commerce revenue surged by 33% in Q3 2024, amounting to $153,000, and for the nine-month period, it increased by 89%, totaling $849,000.
Online News Revenue Increase: 3. Online News Revenue Surge: Online news revenue saw a remarkable increase of 68% in Q3 2024, generating $242,000, and a 66% increase for the nine-month period, totaling $631,000.
Best Programs Revenue Increase: 4. Best of Programs Revenue Growth: The market's best of programs generated $1.3 million in gross revenue year-to-date through September 30, 2024, reflecting a 21% increase over the same period in 2023.
Strong Cash Reserves: 5. Healthy Cash Position: As of September 30, 2024, Saga Communications maintained a strong cash and short-term investments balance of $28.7 million, ensuring financial stability for future investments.
Negative
Net Revenue Decline: 1. Declining Net Revenue: Net revenue decreased 3.5% to $28.1 million for Q3 2024, down from $29.1 million in the same quarter last year.
Rising Operating Expenses: 2. Increased Operating Expenses: Station operating expenses rose 3.1% to $23.5 million for Q3 2024, contributing to a challenging financial environment.
Same-Station Revenue Decline: 3. Same-Station Revenue Decline: On a same-station basis, net revenue fell 5.8% to $27.5 million for Q3 2024, indicating ongoing struggles in revenue generation.
Q4 Revenue Decline Concerns: 4. Soft Fourth Quarter Projections: Pacing for Q4 remains soft, with expectations of low to mid-single-digit declines in revenue, raising concerns about future performance.
Political Revenue Decline: 5. Political Revenue Shortfall: Political revenue for the year is projected at $3.3 million, significantly lower than the $6.9 million recorded during the last presidential election cycle in 2020.
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SGA Earning Call Sentiment
Saga Communications, Inc. (SGA) Q3 2024 Earnings Call Transcript
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00:00
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SGA.O
-1.28%Positive
The earnings call summary indicates several negative factors: declining net revenue, increased operating expenses, and economic challenges impacting advertising partners. The Q&A session revealed concerns about digital transition and unclear management responses about the advertising market. Despite a slight increase in political revenue and ongoing dividends, the overall sentiment is negative due to revenue decline and economic headwinds. The absence of share repurchases and a lack of clear positive catalysts suggest a negative stock price movement over the next two weeks.
