Saga Communications (SGA) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of $0.21. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -138.10%. A quarter ago, it was expected that this broadcasting company would post earnings of $0.19 per share when it actually produced earnings of $0.18, delivering a surprise of -5.26%.Over the last four quarters, the compa ...

Company Overview - TEGNA Inc. (TGNA) currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Performance Metrics - Over the past week, TGNA shares increased by 0.57%, outperforming the Zacks Broadcast Radio and Television industry, which rose by 0.52% [6] - In a longer time frame, TGNA's monthly price change is 29.4%, significantly higher than the industry's 4.34% [6] - Over the past quarter, TGNA shares have increased by 25.27%, and over the last year, they have gained 51.11%, while the S&P 500 only moved 8.34% and 14.94%, respectively [7] Trading Volume - The average 20-day trading volume for TGNA is 5,474,775 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for TGNA has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $1.61 to $1.66 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Considering the performance metrics, trading volume, and earnings outlook, TGNA is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]