Tribune Media Company Reports Second Quarter 2019 Results
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Tribune Media (TRCO) Misses Q2 EPS by 2c
August 9, 2019 7:16 AM EDTTribune Media (NYSE: TRCO) reported Q2 EPS of $0.71, $0.02 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $484 million versus the consensus estimate of $484.92 million.
SECOND QUARTER 2019 FINANCIAL HIGHLIGHTS (compared to second quarter 2018)
Consolidated operating revenues decreased 1% to $484.0 millionConsolidated operating expenses increased to $410.8 million compared to $391.3 million for the second quarter of 2018 primarily due to higher network affiliate feesConsolidated... More