Recap: Tegna Q1 Earnings

Tegna TGNA reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:30 AM.

Here's what investors need to know about the announcement.

Tegna beat estimated earnings by 2.17%, reporting an EPS of $0.47 versus an estimate of $0.46.

Revenue was down $33.80 million from the same period last year.

Last quarter the company missed on EPS by $0.15 which was followed by a 1.75% drop in the share price the next day.

Here's a look at Tegna's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.13	0.73	0.62	0.53
EPS Actual	0.98	0.65	0.60	0.59
Revenue Estimate	963.23M	837.37M	800.83M	772.03M
Revenue Actual	917.13M	803.11M	784.88M	774.12M

To track all earnings releases for Tegna visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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