Tegna Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2020
January 06, 2021 at 07:02 am EST
TEGNA Inc. provided earnings guidance for the fourth quarter and full year 2020. For the quarter, the company expects revenue to be $932-$937 million, up 34 to 35% year-over-year. GAAP Net Income is expected to be in the range of $246-$251 million, up 193 to 199% year-over-year.
For the year, the company expects revenue will be in the range of $2,932-$2,937 million, up 27 to 28% year-over-year. GAAP Net Income is expected to be in the range of $484-$490 million, up 69 to 71% year-over-year.