Why Is TEGNA (TGNA) Down 5.5% Since Last Earnings Report?

A month has gone by since the last earnings report for TEGNA Inc. (TGNA) . Shares have lost about 5.5% 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 drivers. TEGNA Q1 Earnings Beat Estimates, Revenues Fall Y/Y TEGNA' ...