Workflow
Here's What Key Metrics Tell Us About TEGNA (TGNA) Q4 Earnings
TGNATEGNA(TGNA) ZACKS·2025-02-27 15:36

Core Insights - TEGNA Inc. reported revenue of 870.53millionforQ42024,markingayearoveryearincreaseof19.9870.53 million for Q4 2024, marking a year-over-year increase of 19.9% and an EPS of 1.21 compared to 0.43ayearago,withaslightrevenuemissof0.090.43 a year ago, with a slight revenue miss of -0.09% against the Zacks Consensus Estimate [1] - The EPS exceeded the consensus estimate of 1.15 by +5.22% [1] Revenue Breakdown - Political revenues were 187.44million,slightlybelowtheestimated187.44 million, slightly below the estimated 190 million, reflecting a significant year-over-year increase of +719.4% [4] - Subscription revenues reached 357.26million,surpassingtheaverageestimateof357.26 million, surpassing the average estimate of 348.52 million, with a year-over-year change of +5.3% [4] - Advertising & Marketing Services revenues were 314.01million,belowtheestimated314.01 million, below the estimated 320.27 million, showing a year-over-year decline of -10.8% [4] - Other revenues totaled 11.83million,slightlybelowtheaverageestimateof11.83 million, slightly below the average estimate of 12.50 million, with a year-over-year change of +0.3% [4] Stock Performance - TEGNA's shares have returned -8.9% over the past month, compared to a -2.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]