Q4 Earnings Roundup: TEGNA (NYSE:TGNA) And The Rest Of The Broadcasting Segment [Yahoo! Finance]
TEGNA Inc (TGNA)
Last tegna inc earnings: 2/11 08:01 am
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Source: Yahoo! Finance
Broadcasting companies have been facing secular headwinds in the form of consumers abandoning traditional television and radio in favor of streaming services. As a result, many broadcasting companies have evolved by forming distribution agreements with major streaming platforms so they can get in on part of the action, but will these subscription revenues be as high quality and high margin as their legacy revenues? Only time will tell which of these broadcasters will survive the sea changes of technological advancement and fragmenting consumer attention. The 8 broadcasting stocks we track reported a weak Q4; on average, revenues missed analyst consensus estimates by 0.7%, while next quarter's revenue guidance was 4.9% below consensus. Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. The beginning of 2024 saw mixed inflation data, however, leading to more volatile stock performance, and broadcasting stoc
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TGNA
News
- 'Dad' of Wally, the missing emotional support alligator, makes tearful plea for his return [USA TODAY]USA TODAY
- Seattle Kraken TV Broadcasts Moving To Over-The-Air And Prime Video [Forbes]Forbes
- Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon's Prime Video [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon's Prime Video [Yahoo! Finance]Yahoo! Finance
- SEATTLE KRAKEN INCREASES BROADCAST AND STREAMING ACCESS THROUGH PARTNERSHIPS WITH TEGNA AND PRIME VIDEO [Yahoo! Finance]Yahoo! Finance
TGNA
Earnings
- 2/29/24 - Miss
TGNA
Sec Filings
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- TGNA's page on the SEC website