Tegna: Q2 Earnings Insights

Shares of Tegna TGNA moved higher by 5.7% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 65.71% year over year to $0.12, which beat the estimate of $0.11.

Revenue of $577,627,000 higher by 7.58% from the same period last year, which beat the estimate of $577,120,000.

Looking Ahead

Tegna hasn't issued any earnings guidance for the time being.

Tegna hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 10, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ybavmpff

Recent Stock Performance

Company's 52-week high was at $18.31

52-week low: $9.61

Price action over last quarter: Up 15.25%

Company Profile

Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has around 62 television stations and more than 3 radio stations in approximately 51 U.S markets. It generates revenue from advertising and marketing services, subscription, political advertising, and other services. The company's brands are JUSTICE NETWORK, QUEST, PREMION, and others.