TEGNA Inc. Reports Solid 2019 First Quarter Results

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TEGNA (TGNA) Tops Q1 EPS by 2c, Revenues Beat; Provides Q2 & FY19 Growth Outlook

May 9, 2019 7:32 AM EDT

TEGNA (NYSE: TGNA) reported Q1 EPS of $0.29, $0.02 better than the analyst estimate of $0.27. Revenue for the quarter came in at $517 million versus the consensus estimate of $511.61 million.

2019 is off to a good start, and we are executing on both the organic and inorganic components of our strategy. Our subscription revenues posted an 18 percent year-over-year increase and our key operating metrics all performed at the high-end of our... More