TEGNA Inc. (NYSE:TGNA) is reporting second quarter financial results on Monday 10th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, TGNA is expected to report 2Q20 income of $ 0.12 per share from revenue of $ 577.12 million.
For the full year, analysts anticipate top line of $ 2718.82 million, while looking forward to income of $ 1.70 per share bottom line.
Previous Quarter Performance
TEGNA Inc. revealed income for the first quarter of $ 0.43 per share, from the revenue of $ 684.19 million. The quarterly earnings surged 48.28 percent while revenues boosted 33.73 percent compared with the same quarter last year.
According to street consensus, TGNA was expected to report 1Q20 income of $ 0.38 per share from revenue of $ 679.32 million. The bottom line results beat street analysts by $ 0.05 or 13.16 percent, at the same time, top line results outshined analysts by $ 4.87 million or 0.72 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of TEGNA Inc.
Stock Performance
According to the previous trading day, closing price of TGNA was $ 11.90, representing a 23.83 % increase from the 52 week low of $ 9.61 and a 35.01 % decrease over the 52 week high of $ 18.31.
The company has a market capital of $ 2.60 billion and is part of the Consumer Cyclical sector and Broadcasting – TV industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”TGNA” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Stock Dividend Announcement
On July 22, 2020, the board of directors authorized quarterly dividend of $ 0.07 per share to holders of record as of the close of business on September 4, 2020, with payment date of October 1, 2020 and ex-dividend date on September 3, 2020.
Conference Call
TEGNA Inc. will be hosting a conference call at 10:00 AM eastern time on 10th August 2020, to discuss its 2Q20 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.
