Tegna Inc is a media company that specializes in broadcasting, digital media, and marketing services. It operates a portfolio of television stations and engages in creating and distributing content across various platforms, including digital and social media. The company's focus is on delivering high-quality local news, entertainment, and advertising solutions to its audiences. In addition to its television operations, Tegna leverages technology and data analytics to provide innovative marketing strategies for businesses, enhancing their reach and engagement with consumers. Through its commitment to journalistic integrity and community service, Tegna aims to inform and connect the communities it serves. Read More
Broadcasting and digital media company TEGNA (NYSE:TGNA) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 4.8% year on year to $680 million. On the other hand, next quarter’s revenue guidance of $671.3 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.37 per share was 12.9% above analysts’ consensus estimates.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the broadcasting industry, including TEGNA (NYSE:TGNA) and its peers.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how broadcasting stocks fared in Q4, starting with FOX (NASDAQ:FOXA).
Since October 2024, TEGNA has been in a holding pattern, floating around $16.22. However, the stock is beating the S&P 500’s 5.3% decline during that period.
TYSONS, Va. and INDIANAPOLIS, April 17, 2025 (GLOBE NEWSWIRE) -- The Indiana Fever and WTHR, the TEGNA owned NBC affiliate in Indianapolis, today announced a multi-year extension of their landmark distribution agreement to deliver more exciting basketball action to central Indiana fans than ever before.
NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) -- Premion, the leading premium CTV/OTT advertising solution for regional and local advertisers, today announced the launch of its expanded capabilities and new tools for advertisers to execute and optimize campaigns across channels. With the integration of Octillion, Premion has further strengthened its purpose-built local CTV platform and demand side platform (DSP) to drive full-funnel outcomes.
The Russell 2000 is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
TYSONS, Va., March 27, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced today that it has appointed Melissa Zimyeski vice president of product and Mat Yurow vice president of growth reporting to chief experience officer Dhanusha Sivajee.
TYSONS, Va., March 27, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) will host a conference call to discuss its first quarter 2025 earnings results on Thursday, May 8, 2025, at 11 a.m. (ET).
TYSONS, Va., March 10, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) announced today that John Treviño has been named president and general manager at WKYC, the NBC affiliate serving Cleveland, Ohio, effective March 24. Treviño will be responsible for overseeing the station’s operations serving Cleveland community members across all platforms, as well as leading the station’s focus on driving results for advertisers as director of sales.
Broadcasting and digital media company TEGNA (NYSE:TGNA) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 19.9% year on year to $870.5 million. On the other hand, next quarter’s revenue guidance of $675 million was less impressive, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $1.21 per share was 2.4% above analysts’ consensus estimates.
