Profile
Sector:
Communication ServicesIndustry:
BroadcastingCountry:
United StatesIPO:
17 March 1980Website:
http://www.tegna.comNext earnings report:
28 February 2025Last dividends:
06 September 2024Next dividends:
N/APrice
after hours | Tue, 12 Nov 2024 23:59:30 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
TGNA Latest News
TGNA's third-quarter 2024 results reflect a year-over-year increase in the top line due to growth in political advertising and subscription revenues.
TEGNA Inc. (TGNA) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.39 per share a year ago.
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. (NYSE: TGNA) today announced financial results for the third quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS: All Year-Over-Year Comparisons Unless Otherwise Noted: Total company revenue increased 13% to $807 million, above our guidance range, primarily driven by strength in political advertising and positive growth in advertising and marketing services (AMS) revenue. Political advertising revenue totaled $126 million, a new third qu.
TGNA shares are suffering from weak subscription and advertising revenues. Despite higher political revenues, these should keep investors on the sidelines.
TEGNA shares have underperformed despite buybacks, given cord-cutting risks, but political spending and cost discipline offer potential upside. Recent results met expectations, with cost discipline efforts on track and political spending expected to boost Q3/Q4 revenue significantly. Advertising revenue faces cyclical headwinds, but political campaigns and the Olympics are set to drive substantial cash flow in H2 2024, leading to over $650 million of 2024 free cash flow.
TEGNA (TGNA) reported earnings 30 days ago. What's next for the stock?
DENVER , Aug. 20, 2024 /PRNewswire/ -- ALLCITY Network, the operator of multi-platform local sports networks, has raised its Series B funding. The round is led by public broadcast company, TEGNA (NYSE: TGNA).
TEGNA's (TGNA) second-quarter 2024 results reflect a year-over-year decline in the top line due to lower subscription revenues, partially offset by higher political advertising revenues.
Although the revenue and EPS for TEGNA (TGNA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Christopher Franklin president and general manager at WATN and WLMT in Memphis, Tennessee.
What type of business is TEGNA?
Tegna, Inc. is one of the largest media companies in the United States. It was created in 2015 as a result of the division of the Gannett Company. The headquarters is located in Tysons, Virginia (USA). Tegna, Inc. owns 64 television stations and two radio stations across the United States, which broadcast channels from leading US television companies: NBC, CBS, ABC, and FOX, as well as produce their own local news, sports, entertainment, etc. programs. The company's channels and programs are also available in digital format on network and mobile devices. TEGNA, Inc. also owns thematic digital television channels True Crime Network (detectives and investigations), Quest (scientific and historical programs, adventure reality shows, etc.) and the tele-shopping channel TEGNA Marketing Solutions.
What sector is TEGNA in?
TEGNA is in the Communication Services sector
What industry is TEGNA in?
TEGNA is in the Broadcasting industry
What country is TEGNA from?
TEGNA is headquartered in United States
When did TEGNA go public?
TEGNA initial public offering (IPO) was on 17 March 1980
What is TEGNA website?
https://www.tegna.com
Is TEGNA in the S&P 500?
No, TEGNA is not included in the S&P 500 index
Is TEGNA in the NASDAQ 100?
No, TEGNA is not included in the NASDAQ 100 index
Is TEGNA in the Dow Jones?
No, TEGNA is not included in the Dow Jones index
When was TEGNA the previous earnings report?
No data
When does TEGNA earnings report?
The next expected earnings date for TEGNA is 28 February 2025