Insights Into TEGNA (TGNA) Q3: Wall Street Projections for Key Metrics

Core Insights - TEGNA Inc. (TGNA) is expected to report quarterly earnings of $0.83 per share, reflecting a significant increase of 112.8% year-over-year [1] - Analysts forecast revenues of $792.44 million, which represents an 11.1% increase compared to the same period last year [1] Earnings Estimates - There have been no revisions in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [1][2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [2] Revenue Projections - The consensus estimate for 'Revenue- Political' is projected to reach $108.25 million, indicating a substantial year-over-year change of +829.7% [3] - 'Revenue- Subscription' is expected to be $353.60 million, reflecting a year-over-year decline of -6.4% [4] - The estimate for 'Revenue- Advertising & Marketing Services' stands at $318.79 million, showing a modest year-over-year increase of +2% [4] - Analysts predict 'Revenue- Other' will reach $11.80 million, indicating a year-over-year change of +4.5% [4] Stock Performance - TEGNA shares have shown a return of +5.3% over the past month, outperforming the Zacks S&P 500 composite, which increased by +0.7% [4] - TEGNA holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [4]