TEGNA Inc. (NYSE:TGNA) media and digital firm, is reporting third quarter earnings results on Monday 9th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.49 per share.
For the full year, analysts predict revenues of $ 2834.63 million, while looking forward to income of $ 1.93 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 738.00 million ~ $ 738.00 million
Click Here For More Historical Outlooks Of TEGNA Inc.
Previous Quarter Performance
TEGNA Inc. came out with income for the second quarter of $ 0.12 per share, from the revenue of $ 577.63 million. The quarterly earnings fell 65.71 percent while revenues gained 7.58 percent compared with the same quarter last year. The top line results outshined analysts by $ 0.51 million or 0.09 percent.
Stock Performance
On Friday, shares of TEGNA Inc. has traded high as $ 13.37 and has cracked $ 12.94 on the downward trend, reaching $ 13.17 with volume of 2.43 million shares.
According to the previous trading day, closing price of $ 13.17, representing a 35.38 % increase from the 52 week low of $ 9.61 and a 28.95 % decrease over the 52 week high of $ 18.31.
The company has a market capital of $ 2.88 billion and is part of the Consumer Cyclical sector and Broadcasting – TV industry.
Conference Call
TEGNA Inc. will be hosting a conference call at 9:00 AM eastern time on 9th 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.tegna.com
TEGNA Inc. operates as a media company in the United States. The company operates television stations and radio stations that deliver television programming and digital content.
