Media General, Inc. Announces First Quarter 2016 Results

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Media General (MEG) Misses Q1 EPS Views; Guides Q2 Revenue

May 6, 2016 7:33 AM EDT

Media General (NYSE: MEG) reported Q1 EPS of ($0.20), $0.24 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $343 million versus the consensus estimate of $340.17 million.

GUIDANCE:

Media General sees Q216 revenue of $361-375 million, versus the consensus of... More