Tegna Inc (TGNA) Analysts See $0.23 EPS

October 13, 2017 - By Nellie Frank

 Tegna Inc (TGNA) Analysts See $0.23 EPS

Analysts await Tegna Inc (NYSE:TGNA) to report earnings on November, 1. They expect $0.23 earnings per share, down 64.62 % or $0.42 from last year’s $0.65 per share. TGNA’s profit will be $49.49 million for 13.74 P/E if the $0.23 EPS becomes a reality. After $0.29 actual earnings per share reported by Tegna Inc for the previous quarter, Wall Street now forecasts -20.69 % negative EPS growth. The stock increased 0.96% or $0.12 during the last trading session, reaching $12.64. About 3.76 million shares traded or 49.80% up from the average. Tegna Inc (NYSE:TGNA) has risen 3.02% since October 14, 2016 and is uptrending. It has underperformed by 13.68% the S&P500.

Tegna Inc (NYSE:TGNA) Ratings Coverage

Among 13 analysts covering Tegna Inc (NYSE:TGNA), 5 have Buy rating, 1 Sell and 7 Hold. Therefore 38% are positive. Tegna Inc had 35 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Thursday, June 1. The rating was maintained by Jefferies on Wednesday, August 2 with “Hold”. The stock of Tegna Inc (NYSE:TGNA) earned “Neutral” rating by JP Morgan on Wednesday, November 23. The rating was maintained by Noble Financial on Thursday, August 3 with “Buy”. The stock has “Hold” rating by Jefferies on Wednesday, July 27. FBR Capital maintained Tegna Inc (NYSE:TGNA) on Thursday, December 8 with “Outperform” rating. The company was maintained on Monday, July 10 by Jefferies. As per Monday, September 11, the company rating was maintained by Jefferies. Wells Fargo downgraded Tegna Inc (NYSE:TGNA) on Monday, August 24 to “Outperform” rating. The stock has “Outperform” rating by Barrington Research on Wednesday, August 26.

Tegna Inc. has a portfolio of media and digital businesses that provide content. The company has market cap of $2.72 billion. The Company’s divisions include TEGNA Media and TEGNA Digital (Digital). It has a 6.82 P/E ratio. As of December 31, 2016, its media business included 46 television stations operating in 38 markets and offered television programming and digital content.

Another recent and important Tegna Inc (NYSE:TGNA) news was published by Businesswire.com which published an article titled: “TEGNA to Webcast Third Quarter 2017 Earnings Conference Call on Wednesday …” on October 10, 2017.

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