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The Latest Breaking News from Tegna Inc

Media Stocks Set To Soar As Political Ad Spending Surges, Says GAMCO Investors CEO

TEGNA Inc. among top picks with significant upside; Gabelli highlights undervalued opportunities.

3 Stocks That'll Help Keep Your Portfolio Cheerful This December

3 Stocks That'll Help Keep Your Portfolio Cheerful This December

With increased consumer confidence and festive spending keeping the economy resilient despite the threat of interest rate hikes through 2023, it could be wise to invest in Sprouts Farmers Market (SFM), Universal Logistics Holdings (ULH), and TEGNA (TGNA) to brighten up your portfolios this season. Continue reading….

Townsquare Media (TSQ) Surpasses Q2 Earnings And Revenue Estimates

Townsquare Media (TSQ) Surpasses Q2 Earnings And Revenue Estimates

Townsquare Media (NYSE: TSQ) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.

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Tegna Tops Q1 Aided By AMS, Political Revenue; Margin Expands

TEGNA Inc (NYSE:TGNA) reported first-quarter FY22 revenue growth of 6.5% year-on-year to $774.1 million, beating the consensus of $772 million. A record AMS revenue and growth in political revenue drove the results. Subscription revenue of $391.7 million was up 1.3% Y/Y. AMS revenue was $354.5 million, up 9.8% Y/Y. Political revenue was up…

Tegna Registers 17% Revenue Decline In Q4 Due To Lack Of Political Revenue

Tegna Inc (NYSE:TGNA) reported a fourth-quarter FY21 revenue decline of 17% year-on-year to $774.65 million, beating the consensus of $772.6 million. The decline was due to the absence of political revenue. Subscription revenue of $336 million was up 7% Y/Y. AMS revenue was $400 million, up 14% Y/Y. The non-GAAP EPS of $0.57…

Why Tegna Shares Are Trading Higher Today?

Standard General and Apollo Global Management Inc (NYSE:APO) agreed to acquire television broadcaster Tegna Inc (NYSE:TGNA). They will acquire Tegna in a transaction valued at $24 a share. The purchase price implied a premium of 39% on the unaffected closing share price on September 14, 2021, the last full trading day before media speculation about a…

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Universal Logistics Holdings Inc

Sprouts Farmers Market Inc

Apollo Global Management Inc

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