Tegna Q2 2024 Adj. EPS $0.50 Beats $0.48 Estimate, Sales $710.363M Miss $715.284M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tegna reported its Q2 2024 results with an adjusted EPS of $0.50, beating the estimate of $0.48. However, its sales of $710.363 million missed the estimate of $715.284 million.
August 07, 2024 | 12:01 pm
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Tegna's Q2 2024 adjusted EPS of $0.50 beat the estimate of $0.48, but its sales of $710.363 million missed the estimate of $715.284 million.
The mixed results, with EPS beating estimates but sales missing, are likely to have a neutral short-term impact on Tegna's stock price. Investors may weigh the positive EPS against the sales miss.
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IMPORTANCE 80
RELEVANCE 100