Tribune Publishing Company (NASDAQ:TPCO) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, TPCO to report 3Q20 income of $ 0.24 per share.
For the full year, analysts anticipate top line of $ 803.55 million, while looking forward to income of $ 0.21 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 188.00 million ~ $ 193.00 million
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Previous Quarter Performance
Tribune Publishing Company recorded income for the second quarter of $ 0.14 per share, from the revenue of $ 183.10 million. The consensus estimates are $ 174.47 million in revenue The top line results outshined analysts by $ 8.63 million or 4.95 percent.
Stock Performance
Shares of Tribune Publishing Company traded up $ 0.37 or 3.20 percent on Tuesday, reaching $ 11.93 with volume of 62.00 thousand shares. Tribune Publishing Company has traded high as $ 12.04 and has cracked $ 11.66 on the downward trend
According to the previous trading day, closing price of $ 11.93, representing a 135.44 % increase from the 52 week low of $ 4.91 and a 16.59 % decrease over the 52 week high of $ 13.86.
The company has a market capital of $ 435.71 million and is part of the Consumer Cyclical sector and Publishing industry.
Conference Call
Tribune Publishing Company will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tribpub.com
Tribune Publishing Company, a media company, publishes newspapers worldwide. The company operates in two segments, M and X. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications.