TEGNA shares have surged 33% since September, driven by strong Q3 results and M&A optimism, nearing my $19-20 fair value target. Despite cord-cutting pressures, TEGNA's local news and sports rights provide resilience, with subscription revenue declines offset by higher per-customer revenue. Cost controls and strategic sports deals are maintaining margins and free cash flow, with $350 million re...
TEGNA Inc. (NYSE:TGNA ) Q3 2024 Earnings Call November 7, 2024 9:00 AM ET Company Participants Kirk von Seelen - Investor Relations Mike Steib - Chief Executive Officer Julie Heskett - Chief Financial Officer Conference Call Participants Steven Cahall - Wells Fargo Dan Kurnos - The Benchmark Company Craig Huber - Huber Research Patrick Sholl - Barrington Research David Karnovsky - JPMorgan Oper...
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 adver...
TYSONS, Va.--(BUSINESS WIRE)--Lynn Beall, TEGNA's executive vice president and chief operating officer of media operations, will depart the company in mid-2025.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.