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Gannett's Q2 Earnings Dip, Beat Expectations

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July 18, 2011 AT 12:31 PM
Media and publishing company Gannett (GCI) posted second quarter earnings today that fell by more than 20%, but beat analyst forecasts. Profits dipped to $151.5 million, or $0.62 per share, from $195.5 million, or $0.81 per share, in last years second quarter.