Tribune Media Company Reports First Quarter 2016 Results

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Tribune Media (TRCO) Declares $0.25 Quarterly Dividend; 2.6% Yield

May 10, 2016 7:18 AM EDT

Tribune Media (NYSE: TRCO) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on June 6, 2016, to stockholders of record on May 20, 2016, with an ex-dividend date of May 18, 2016.

The annual yield on the dividend is 2.6 percent.

For... More

Tribune Media (TRCO) Misses Q1 EPS by 9c

May 10, 2016 7:17 AM EDT

Tribune Media (NYSE: TRCO) reported Q1 EPS of $0.18, $0.09 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $520.5 million versus the consensus estimate of $500.99 million.

For full year 2016, the Company expects:

Consolidated revenues to be between $2.25 billion and $2.28... More