Equities Analysts Set Expectations for Glacier Media Inc.’s FY2017 Earnings (GVC)

Glacier Media Inc. (TSE:GVC) – Equities research analysts at Cormark lowered their FY2017 earnings per share estimates for Glacier Media in a report released on Tuesday. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of $0.07 for the year, down from their prior estimate of $0.09. Cormark also issued estimates for Glacier Media’s FY2018 earnings at $0.06 EPS.

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Shares of Glacier Media (TSE GVC) opened at 0.65 on Wednesday. Glacier Media has a 12 month low of $0.57 and a 12 month high of $0.85. The company has a 50-day moving average of $0.61 and a 200 day moving average of $0.65. The company has a market capitalization of $71.39 million and a P/E ratio of 28.26.

About Glacier Media

Glacier Media Inc operates as an information and marketing solutions company in the United States and Canada. It operates in two segments, Business Information and Community Media. The company publishes local daily and weekly newspapers, and related products, as well as develops Websites and digital products in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec in Canada, and the United States.

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