TEGNA (TGNA) Tops Q3 EPS by 7c; reaffirms guidance

TEGNA (NYSE: TGNA) reported Q3 EPS of $0.94, $0.07 better than the analyst estimate of $0.87. Revenue for the quarter came in at $807 million versus the consensus estimate of $795.72 million.

OUTLOOK

TEGNA is reaffirming its guidance metrics for the full-year of 2024 and improving the effective tax rate

Net Leverage Ratio- Below 3x at year end

Fourth Quarter 2024 Key Guidance Metrics

Reflects expectations relative to fourth quarter 2023 results

Total Company GAAP Revenue- Up 19% to 21%

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

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