Tribune Media Company Reports Fourth Quarter and Full-Year 2016 Results

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Go back to Tribune Media Company Reports Fourth Quarter and Full-Year 2016 Results

Tribune Media (TRCO) PT Raised to $36 at Jefferies Following 4Q

March 2, 2017 7:57 AM EST

Jefferies raised its price target on Tribune Media (NYSE: TRCO) to $36.00 (from $30.00) while maintaining a Hold rating. Management guided to a LSD growth in core advertising in 2017.

Analyst John Janedis commented, "TRCO reported slightly better 4Q rev / adj. EBITDA results (ex. digital) than... More

Tribune Media (TRCO) Misses Q4 EPS by 7c

March 1, 2017 7:17 AM EST

Tribune Media (NYSE: TRCO) reported Q4 EPS of $0.85, $0.07 worse than the analyst estimate of $0.92. Revenue for the quarter came in at $529.6 million versus the consensus estimate of $596.76 million.

GUIDANCE:

Tribune Media sees FY2017 revenue of $1.87-1.92 billion, versus the consensus... More