Preview: Tegna's Earnings
Portfolio Pulse from Benzinga Insights
Tegna (NYSE:TGNA) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $0.47. The company's past earnings performance shows a mix of hits and misses against estimates, affecting its stock price variably. Shares are currently trading at $13.7, reflecting a 19.59% decline over the last year. Investors are keenly awaiting the report and guidance for future growth.
February 28, 2024 | 2:02 pm
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NEUTRAL IMPACT
Tegna is expected to announce its quarterly earnings with an anticipated EPS of $0.47. Historical performance shows variable impact on stock price post-earnings. Currently, shares are down 19.59% over the last year.
Tegna's upcoming earnings report is crucial given its past mixed performance and the current year-over-year decline in stock price. The anticipation of the EPS and the guidance for future quarters are key factors that could influence the stock's short-term movement. However, given the historical volatility post-earnings, the exact direction is uncertain, warranting a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100