TEGNA (TGNA) Tops Q4 EPS by 2c, Offers Outlook

TEGNA (NYSE: TGNA) reported Q4 EPS of $0.32, $0.02 better than the analyst estimate of $0.30. Revenue for the quarter came in at $490.3 million versus the consensus estimate of $492.56 million.

FIRST QUARTER 2018 OUTLOOK

In the first quarter, TEGNA expects:

Non-GAAP total company revenue excluding the terminated digital business to increase 10 to 12 percent year-over-year driven by Olympics, Super Bowl and subscription revenue growth.
GAAP total company revenue to increase high-single digits year-over-year.

For earnings history and earnings-related data on TEGNA (TGNA) click here.

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