Tribune Media (TRCO) Tops Q4 EPS by 22c

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Tribune Media Company Reports Fourth Quarter and Full-Year 2018 Results

March 1, 2019 7:16 AM EST

NEW YORK, March 1, 2019 /PRNewswire/ -- Tribune Media Company (the "Company") (NYSE: TRCO) today reported its results for the three months and year ended December 31, 2018.

FOURTH QUARTER AND FULL-YEAR 2018 FINANCIAL HIGHLIGHTS (compared to the prior year period, unless otherwise noted)

Consolidated operating revenues increased 18% to $578.7 million for the fourth quarter and increased 9% to $2,009.7 million for the full year (increased 20% excluding fourth quarter 2017 barter revenues and 10% excluding full year 2017 barter revenues, which are no longer recognized in 2018) Consolidated operating profit was $166.0 million for the fourth quarter of 2018,... More