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Saga Communications Inc (SGA)
NASDAQ:SGA
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.29Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: strong and accelerating digital revenue growth and prudent balance sheet/capital allocation actions (tower monetization, buybacks, dividends, solid cash) are meaningful positives. However, material headwinds — a sharp decline in political revenue, a significant noncash impairment charge that drove reported losses, a music licensing settlement that increased expenses, and near-term cost pressure from building digital capabilities — temper near-term results. Management expects a return to revenue growth in H2 2026 and has a clear investment plan to scale digital offerings, but near-term pacing remains soft.Company Guidance
Strong Interactive / Digital Revenue Growth
Interactive revenue up 25.8% in Q4 and 19.1% for the year (2025). Key digital channels: search up 59% YoY ($2.2M), targeted display up 44.8% YoY (nearly $3.5M), e-commerce up 16% YoY ($2.5M local direct revenue), hyperlocal news sites up 18% YoY (>$2.5M revenue, 31% margin excl. sales commissions), and online streaming up 8.6% YoY.
Underlying Operating Profitability Excluding Impairment
Excluding the Q4 noncash impairment ($20.4M), the company would have reported Q4 operating income of $10.9M (vs. operating loss of $9.5M reported) and Q4 net income of $8.2M ($1.27/share) vs. reported net loss of $6.9M. For the year, operating income would have been $9.4M and net income $7.2M ($1.11/share) excluding impairment.
Tower Sale Monetization and Cash Generation
Closed sale of 24 tower sites on Oct 17, 2025, recognizing a gain of $11.6M with total proceeds of $15.1M and net cash proceeds of $9.8M. Transaction monetized underutilized assets at a higher valuation than previously recognized.
Strong Balance Sheet and Shareholder Returns
Cash and short-term investments of $31.8M as of Dec 31, 2025 (and $31.5M as of Mar 9, 2026). Paid quarterly dividend of $0.25 per share (aggregate ~$1.6M) and declared additional quarterly dividend; repurchased 219,326 Class A shares for $2.5M in 2025. Saga has paid over $143M in dividends since 2012.
Clear 2026 Investment Plan to Accelerate Digital Transition
Company plans to add digital infrastructure and hire sales/campaign managers to support blended campaigns, increasing market expenses by ~$1.5M in 2026 to drive long-term digital revenue growth. CapEx guidance $3.5M–$4.5M for 2026 and corporate G&A expected ~ $12.3M (flat).
Expense Reduction and Operational Actions
Implemented local market expense reductions totaling over $1.4M and pursued nonproductive asset sales to improve capital allocation and fund buybacks/dividends without operational cash depletion or new debt.
SGA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SGA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $11.00 | $11.09 | +0.82% |
Nov 06, 2025 | $11.83 | $11.63 | -1.71% |
Aug 07, 2025 | $11.40 | $12.01 | +5.37% |
May 08, 2025 | $10.64 | $10.86 | +2.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Saga Communications Inc (SGA) report earnings?
Saga Communications Inc (SGA) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Saga Communications Inc (SGA) earnings time?
Saga Communications Inc (SGA) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SGA EPS forecast?
Currently, no data Available