Earnings Forecast Research on TEGNA Inc. (TGNA)

TEGNA Inc. has received $0.66 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.65 while the top line estimate is $0.67 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 24.53%.

TEGNA Inc. reported better than expected with a surprise EPS of 12.07% or $0.07 during its most recent quarterly earnings. The Actual EPS was $0.65 compared to the Estimated EPS of $0.58. Mclean based TEGNA Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 21, 2017.

TEGNA Inc. has a Price to Earnings ratio of 10.67 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.95. For the Most Recent Fiscal Year, TEGNA Inc. has a price to cash ratio of 8.5. For the Trailing twelve month period, company showed a Net Profit Margin of 14.33% and Return on Equity of the stock is 19.14%.

In the last quarter, TEGNA Inc. reported Annual Earnings of $0.65. Based on the filings, last years Annual Earnings was, $1.44. In the last Quarter, TGNA reported a surprise Earnings per Share of 12.07% . The consensus estimate for current quarter is $0.66 and for the current fiscal year, the estimate is $2.25. For the Next fiscal year, the estimate is $1.86 based on the consensus.

TEGNA Inc. (NYSE:TGNA) : On Tuesday heightened volatility was witnessed in TEGNA Inc. (NYSE:TGNA) which led to swings in the share price. The stock opened for trading at $22.62 and hit $22.94 on the upside , eventually ending the session at $22.91, with a gain of 0.79% or 0.18 points. The heightened volatility saw the trading volume jump to 2,258,244 shares. The 52-week high of the share price is $25.38 and the company has a market cap of $4,912 million. The 52-week low of the share price is at $17.91 .

TEGNA owns the broadcasting assets of the legacy Gannett company following its June 2015 split into two publicly traded companies – a broadcasting and digital company called TEGNA, Inc. (Ticker: TGNA) and a publishing company called Gannett Co., Inc. (Ticker: GCI). TEGNA owns 64 television stations and is the largest independent television station group of major network affiliates in the top 25 markets. TEGNAs digital assets include sites like Cars.com, CareerBuilder and others.


Share this post

Leave a Reply