Journal Communications Up 4.7% On Earnings Beat (JRN)

Shares of Milwaukee, Wisconsin-based Journal Communications Inc. JRN are trading up 4.7% at $5.30 per share during the Tuesday afternoon trading session. The day's trading range for shares of Journal Communications Inc has been between $5.04 and $5.48 per share. Analysts covering the company's stock give it a consensus price target of $5.00 per share. Volume of 250,000 shares is well above the daily average volume of 175,000 shares. Journal Communications Inc. (JRN) announced on Tuesday morning that it beat consensus Wall Street earnings expectations. Journal Communications Inc announced 4th quarter earnings per share of 20 cents, on revenue of $103.7 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 19 cents per share, on revenue of $110.58 million. Journal Communications Inc is a diversified media company with operations in publishing, radio and television broadcasting and interactive media. Read more from Benzinga's Company news.