Tribune Media Company Reports Third Quarter 2018 Results

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Tribune Media (TRCO) Tops Q3 EPS by 14c, Revenues Beat

November 9, 2018 7:16 AM EST

Tribune Media (NYSE: TRCO) reported Q3 EPS of $0.63, $0.14 better than the analyst estimate of $0.49. Revenue for the quarter came in at $498 million versus the consensus estimate of $481.45 million.

Consolidated operating revenues increased 11% to $498.0 million (increased 12% excluding third quarter 2017 barter revenues, which are no longer recognized in 2018)Consolidated operating profit was $37.1 million compared to an operating loss of... More