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Other Pre-Announcement

Tegna Inc Reports Q3 EPS Of $0.60

Published: 11/09/2020 14:14 GMT
Tegna Inc (TGNA) - .
Reports Record Single Quarter Revenue; Strong Overall 2020 Third Quarter Results.
Q3 Revenue $738 Million Versus Refinitiv Ibes Estimate of $699.1 Million.
Q3 Non-GAAP Earnings per Share $0.59.
Q3 GAAP Earnings per Share $0.60.
Q3 Earnings per Share Estimate $0.50 -- Refinitiv Ibes Data (analyst estimates).
2020 FCF As a Percentage of Combined 2019/20 Revenue is Now Expected to Be 20 to 21 Percent.
For Full Year, Booked $395 Million of Political Revenue Through Last Tuesday's Election Day.
Continued to Make Progress on Its Accelerated Debt Pay Down.
Now Expect to See Our Full Year Subscription Revenues Increase by High-twenties Percent Year-over-year.