McClatchy Reports First Quarter 2016 Results
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McClatchy Company (MNI) Misses Q1 EPS by 1c
April 20, 2016 9:06 AM EDTMcClatchy Company (NYSE: MNI) reported Q1 EPS of ($0.16), $0.01 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $238 million versus the consensus estimate of $241.79 million.
Outlook
The Company plans to further execute on the strategic initiatives that were laid out in 2015 as well as new initiatives during 2016. McClatchy is also dedicated to finding advertising solutions by working with its industry peers.
Pat Talamantes said, "Just a few days ago we announced the formation of an exciting new... More
