For the quarter ended September 2024, TEGNA Inc. (TGNA) reported revenue of $806.83 million, up 13.1% over the same period last year. EPS came in at $0.94, compared to $0.39 in the year-ago quarter.The reported revenue represents a surprise of +1.82% over the Zacks Consensus Estimate of $792.44 million. With the consensus EPS estimate being $0.83, the EPS surprise was +13.25%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

TEGNA Inc. (TGNA) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.25%. A quarter ago, it was expected that this company would post earnings of $0.49 per share when it actually produced earnings of $0.50, delivering a surprise of 2.04%.Over the last four quarters, the company has su ...

NEWS RELE FOR IMMEDIATE RELEASE Thursday, November 7, 2024 TEGNA Inc. Reports Third Quarter 2024 Results and Provides Fourth Quarter 2024 Guidance Exceeds third quarter key guidance metrics and reaffirms full-year 2024 key guidance metrics Reports record third quarter political revenue Returns more than $90 million of capital to shareholders, on track to meet commitment to return approximately $350 million of capital in 2024 Tysons, Va. – TEGNA Inc. (NYSE: TGNA) today announced financial results for the thi ...

The upcoming report from TEGNA Inc. (TGNA) is expected to reveal quarterly earnings of $0.83 per share, indicating an increase of 112.8% compared to the year-ago period. Analysts forecast revenues of $792.44 million, representing an increase of 11.1% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's ea ...

TEGNA (TGNA) shares have declined 9% year to date (YTD), underperforming the broader Zacks Consumer Discretionary Sector's appreciation of 2.4%. It has also lagged the Zacks Broadcast Radio and Television industry and peers like Netflix (NFLX) , Fox (FOXA) and Nexstar Media Group (NXST) . Over the same time frame, shares of Netflix, Fox and Nexstar Media have gained 41%, 31.1% and 2.4%, respectively, while the industry has appreciated 49.1%. TGNA shares underperformance can be attributed to lower top-line g ...

Melissa Kopka Shares of TEGNA (NYSE:TGNA) have been a poor performer over the past year, despite significant shaare repurchases, as investors continue to be concerned about cord- outtines of the future of broadeast television. I last overed TEGNA in May, rating shares a "strong buy" given its free eash flow capacity, but since then, the stock is down 5% even as the market has risen by 5%. This underperformance has come even as the company should see a major financial benefit from outsized political spending ...

It has been about a month since the last earnings report for TEGNA Inc. (TGNA) . Shares have lost about 0.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is TEGNA due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. TEGNA Q2 Earnings Beat Estimates, Revenues Fall Y/ ...

DENVER, Aug. 20, 2024 /PRNewswire/ -- ALLCITY Network, the operator of multi-platform local sports networks, has raised its Series B funding. The round is led by public broadcast company, TEGNA (NYSE: TGNA). Existing investors Mosaic General Partnership and Bullpen Capital also participated in the round. The TEGNA investment brings ALLCITY Network's total funding beyond $25M and further accelerates the company's position within the digital sports industry. In addition to the investment, ALLCITY and TEGNA ha ...

TEGNA's (TGNA) second-quarter 2024 non-GAAP earnings of 50 cents per share beat the Zacks Consensus Estimate by 2.04% and increased 13.6% on a year-over-year basis. Revenues declined 2.9% year over year to $710.4 million and missed the Zacks Consensus Estimate by 1.02%. The year-over-year decline was primarily due to lower subscription and advertising and marketing services revenues, partially offset by higher political advertising dollars. During the second quarter, TEGNA returned more than $93 million of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-6961 TEGNA INC. (Exact name of registrant as specified in its charter) Delaware 16-0442930 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Ident ...