TEGNA

TEGNA, Inc. is a media company, which serves the greater good of its communities through empowering stories, impactful investigations and innovative marketing services. It also owns multicast networks Justice Network and Quest. The firm also offers marketing solutions to help businesses reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TEGNA terminates merger, focuses on growth strategies amid revenue challenges

TEGNA navigated the termination of a merger agreement, focusing on stand-alone operations with a strong financial strategy.
Despite revenue challenges from political and major event absences, the company saw growth in subscription revenue and OTT advertising.
Recruitment hurdles, political revenue limitations in Texas, and a single account loss for Premion present challenges and opportunities for TEGNA.

TEGNA reports record Q2 revenue, eyes growth opportunities ahead

TEGNA delivered a strong performance in Q2 with record subscription revenue and improved advertising trends.
Despite challenges like slowed net retrans growth, the company's focus on local advertising and strong balance sheet position it well for the future.
Opportunities in repricing, national advertising growth, and shareholder value creation through accretive opportunities are key focus areas.
Transition to a new CFO signals leadership changes while maintaining confidence in the company's future trajectory.

TEGNA achieves record Q3 revenue, faces CFO transition challenges

TEGNA reported strong performance in subscription revenue and advertising verticals, emphasizing shareholder return and strategic growth initiatives.
Challenges include future negotiations with partners, CFO transition, and uncertainties in ATSC 3.0 adoption and business models.
Opportunities lie in driving revenue growth, audience engagement, and exploring M&A opportunities to capitalize on evolving market trends.
Overall, TEGNA's focus on capital allocation, market presence, and adapting to industry changes positions it for continued growth and shareholder value.

TEGNA reports robust financials, eyes streaming growth amid regulatory changes

TEGNA's Q4 and Full Year '23 performance was strong, meeting or exceeding guidance metrics and revenue targets
The company's new capital allocation framework aims to enhance shareholder value over the next 2 years
Strategic acquisitions like Octillion and focus on streaming advertising present growth opportunities for TEGNA
Navigating regulatory challenges and market dynamics while capitalizing on strengths will be key for TEGNA's future success

TEGNA delivers strong Q1 results, eyes local market growth

TEGNA's Q1 performance was solid with positive growth in key areas. While facing challenges in sports rights negotiations and uncertain national trends, the company remains optimistic about local market opportunities. Strong focus on shareholder returns and cost-saving initiatives.

TEGNA meets Q2 guidance, anticipates ad spend uptick in Q3

TEGNA delivered solid Q2 results driven by local ad performance, with optimism for increased ad spend in Q3. The company's focus on cost reduction and growth opportunities sets a positive outlook for the future.

TEGNA reports revenue growth in Q3, eyes cost efficiency and strategic acquisitions

TEGNA's Q3 performance was driven by political advertising and marketing services, with a focus on cost efficiency and shareholder returns
Challenges include subscription revenue decline and cautious outlook post-election, balanced by growth opportunities in local sports rights and strategic acquisitions
Overall, TEGNA remains resilient in revenue streams and committed to optimizing operations for future growth

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TYSONS, Va.--(BUSINESS WIRE)--TEGNA declares a regular quarterly dividend of 12.5 cents per share.

TEGNA Announces Quarterly Dividend

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Dhanusha Sivajee senior vice president and chief experience officer.

TEGNA Appoints Dhanusha Sivajee Chief Experience Officer

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 Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

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 Operator Good day and thank you for standing by. Welcome to the TEGNA Third Quarter 2024 Earnings Conference Call.

TEGNA Inc. (TGNA) Q3 2024 Earnings Call Transcript

The headline numbers for TEGNA (TGNA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TEGNA (TGNA) Reports Q3 Earnings: What Key Metrics Have to Say

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.

TEGNA Inc. (TGNA) Beats Q3 Earnings and Revenue Estimates

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.

TEGNA Inc. Reports Third Quarter 2024 Results and Provides Fourth Quarter 2024 Guidance

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Evaluate the expected performance of TEGNA (TGNA) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Insights Into TEGNA (TGNA) Q3: Wall Street Projections for Key Metrics

TYSONS, Va.--(BUSINESS WIRE)--Carolyn Mungo has been named president and general manager at TEGNA's WFAA and KFAA serving Dallas-Ft. Worth.

TEGNA Names Carolyn Mungo President and General Manager at WFAA-KFAA

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Alex Tolston senior vice president and chief legal officer.

TEGNA Names Alex Tolston Chief Legal Officer

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.

TEGNA Announces Mid-2025 Departure of Chief Operating Officer, Lynn Beall

TGNA shares are suffering from weak subscription and advertising revenues. Despite higher political revenues, these should keep investors on the sidelines.

TEGNA Shares Fall 9% YTD: How Should Investors Play the Stock?

TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its third quarter 2024 earnings results on Thursday, November 7, 2024, at 9 a.m. (ET).

TEGNA to Host Third Quarter 2024 Earnings Conference Call on Thursday, November 7, 2024

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 Stock: Buybacks Can Reward Patient Investors

TYSONS, Va.--(BUSINESS WIRE)--Ellen Crooke, senior vice president of news, has made the decision to retire from TEGNA in January 2025.

TEGNA Announces Forthcoming Retirement of SVP of News, Ellen Crooke

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NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance.

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TEGNA (TGNA) reported earnings 30 days ago. What's next for the stock?

Why Is TEGNA (TGNA) Down 0.3% Since Last Earnings Report?

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Carrie Yates president and general manager at WZDX in Huntsville, Alabama.

TEGNA Names Carrie Yates President and General Manager at WZDX in Huntsville

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).

ALLCITY Network Raises Series B Led By TEGNA

TYSONS, Va.--(BUSINESS WIRE)--TEGNA stations received ten 2024 National Edward R. Murrow Awards for excellence in broadcast journalism, more than any other station group.

TEGNA Stations Receive Ten National 2024 Edward R. Murrow Awards

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Jim Kizer president and general manager at WOI and KCWI in Des Moines, Iowa.

TEGNA Names Jim Kizer President and General Manager at WOI and KCWI

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.

TEGNA (TGNA) Q2 Earnings Beat Estimates, Revenues Fall Y/Y

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.

Compared to Estimates, TEGNA (TGNA) Q2 Earnings: A Look at Key Metrics

TEGNA Inc. (TGNA) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.44 per share a year ago.

News for TEGNA Stock (TGNA)