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.

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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

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TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Christopher Franklin president and general manager at WATN and WLMT in Memphis, Tennessee.

TEGNA Names Christopher Franklin President and General Manager at WATN and WLMT

Nourish North Texas Telethon Aims to Fund 1 Million Meals for Children. Nourish North Texas Telethon Aims to Fund 1 Million Meals for Children.

WFAA Collaborates with North Texas Food Bank and Tarrant Area Food Bank on Telethon to Raise Funds to Feed Children

Tegna, one of the top local TV station owners in the U.S., says former NBCUniversal and Google exec Michael Steib will succeed David Lougee as CEO in August. After leaving his post as president, CEO and director, Lougee will become a senior advisor to the company.

Large Local TV Station Owner Tegna Says NBCUniversal And Google Alum Michael Steib Will Succeed Dave Lougee As CEO This Summer

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TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Michael Steib to succeed David Lougee as President, CEO and Director; adds two new independent Directors.

TEGNA Names Michael Steib to Succeed David Lougee as President, CEO and Director

TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its second quarter 2024 earnings results on Wednesday, August 7, 2024, at 10 a.m. (ET).

TEGNA to Host Second Quarter 2024 Earnings Conference Call on Wednesday, August 7, 2024

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

Why Is TEGNA (TGNA) Down 5.5% Since Last Earnings Report?

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Micah Malloy president and general manager at WCSH and WLBZ in Maine.

TEGNA Names Micah Malloy President and General Manager at NEWS CENTER Maine

WASHINGTON--(BUSINESS WIRE)--WUSA-TV, TEGNA's CBS affiliate serving Washington D.C., Virginia, and Maryland, announces exclusive partnership with the Washington Commanders.

TEGNA's WUSA9 Announces Exclusive Partnership with the NFL's Washington Commanders

TYSONS, Va.--(BUSINESS WIRE)--TEGNA stations receive 73 Regional Edward R. Murrow Awards.

TEGNA Stations Honored with 73 Regional Edward R. Murrow Awards

TEGNA shares have underperformed due to concerns about cord-cutting and the future of television. Recent financial results have been mixed, but a material lift is expected in the second half of the year from the Presidential Election. TEGNA is aggressively managing expenses and generating strong cash flow, making it an attractive investment opportunity.

TEGNA: A Declining Business Can Still Be A Good Stock

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Here's Why TEGNA Inc. (TGNA) is a Strong Momentum Stock

TYSONS, Va.--(BUSINESS WIRE)--TEGNA has been named a 2024 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader.

TEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fifth Consecutive Year

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TYSONS, Va.--(BUSINESS WIRE)--TEGNA names David Loving president and general manager at KHOU and KTBU in Houston, Texas.

TEGNA Names David Loving President and General Manager at KHOU and KTBU in Houston

TEGNA's (TGNA) first-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) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

TEGNA Inc. (NYSE:TGNA ) Q1 2024 Earnings Call Transcript May 8, 2024 10:00 AM ET Company Participants Kirk von Seelen - Vice President and Treasurer David Lougee - President, CEO & Director Julie Heskett - Senior VP & CFO Tom Cox - Chief Growth Officer Conference Call Participants Dan Kurnos - Benchmark Company Steven Cahall - Wells Fargo Craig Huber - Huber Research Partners James Goss - Barrington Research Operator Hello and welcome to TEGNA First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

TEGNA Inc. (TGNA) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for TEGNA (TGNA) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

TEGNA (TGNA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

TEGNA Inc. (TGNA) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.47 per share a year ago.

TEGNA Inc. (TGNA) Q1 Earnings Top Estimates

TYSONS, Va.--(BUSINESS WIRE)--TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2024. FIRST QUARTER FINANCIAL HIGHLIGHTS: Total company revenue was $714 million in the first quarter, down four percent year-over-year and at the midpoint of our guidance range, primarily due to lower subscription revenue, which was adversely impacted by a temporary disruption of service with a distribution partner, partially offset by higher political advertising dolla.

TEGNA Inc. Reports First Quarter 2024 Results and Provides Second Quarter Guidance

TYSONS, Va.--(BUSINESS WIRE)--TEGNA and the Indiana Fever announced 11 additional markets will join WTHR to air 17 Indiana Fever games for free over the air in 2024.

TEGNA and Indiana Fever Expand Broadcast Distribution of the Fever's Exciting Upcoming Season in 11 Additional Markets

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Greg Retsinas president and general manager at KGW, TEGNA's NBC affiliate in Portland, Ore.

TEGNA Names Greg Retsinas President and General Manager at KGW in Portland

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Why TEGNA Inc. (TGNA) is a Top Momentum Stock for the Long-Term

TEGNA (TGNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for TEGNA Stock (TGNA)