Media General Inc. (MEG) Widens Q3 Loss to $1.34/Share; Guides Q4 Growth
Tweet
Share
E-mailGet Alerts MEG Hot Sheet
Join SI Premium – FREE
Media General Inc. (NYSE: MEG) reported Q3 EPS of ($1.34), versus ($1.32) reported last year. Revenue for the quarter came in at $93.8 million, versus $66.1 million reported last year.
For the fourth quarter, the company expects total revenues to increase 25-28% over last year.
For the full year 2012, the company expects that cash provided by operations will be used to make interest payments of $65 million, capital expenditures of $15 million and retirement plan contributions of $9 million. The pension contribution is down from our previous guidance of $13 million, due to the relief provided by this year by Congress.
For earnings history and earnings-related data on Media General Inc. (MEG) click here.
For the fourth quarter, the company expects total revenues to increase 25-28% over last year.
For the full year 2012, the company expects that cash provided by operations will be used to make interest payments of $65 million, capital expenditures of $15 million and retirement plan contributions of $9 million. The pension contribution is down from our previous guidance of $13 million, due to the relief provided by this year by Congress.
For earnings history and earnings-related data on Media General Inc. (MEG) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alphabet slides over 6% as AI brain drain and SpaceX slump converge
- Middleby board approves spin-off of food processing unit Midera
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
