McClatchy Lower Ahead of Earnings

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McClatchy Lower Ahead of Earnings

Published on Monday, 06 February 2012 10:52 Written by Christopher Lynn

mni New York, February 6th (TradersHuddle.com) - Shares of McClatchy Company (NYSE:MNI) traded lower by -0.21% ahead of its quarterly earnings release. McClatchy, the newspaper and Internet publisher is expected to release its quarterly results on February 7^th.

Wall Street Analysts consensus calls for a profit of $0.4 a share on $347.8 million revenue.

McClatchy estimates have a range of $0.1 a share. The high estimate calls for profit of $0.45 a share and the low estimate is calling for a profit of $0.35 a share, a year ago for the quarter the company reported $0.39 a share.

The McClatchy Company (NYSE:MNI) publishes daily and non-daily newspapers across the United States. The Company also owns and operates other media-related businesses, including a national online publishing operation, as well as a national newspaper marketing company.

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