TEGNA (TGNA) Tops Q2 EPS by 2c

TEGNA (NYSE: TGNA) reported Q2 EPS of $0.36, $0.02 better than the analyst estimate of $0.34. Revenue for the quarter came in at $524.1 million versus the consensus estimate of $516.29 million.

OUTLOOK:

In the third quarter, TEGNA expects GAAP total company revenue to increase mid-teens year-over-year driven by substantially higher political revenue, subscription revenue growth and innovative initiatives such as Premion.

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

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