LIN TV Corp.’s (TVL) Fourth-Quarter Review
By Benzinga Staff
March 12, 2010 11:54 AM
March 12, 2010 11:54 AM
Symbols: TVL
Analysts Marci Ryvicker and Timothy Schlock at Wells Fargo Securities have released a report reviewing fourth-quarter results at LIN TV Corp. (NYSE: TVL). The company reported fourth-quarter results on Thursday.
LIN TV reported revenue of $101.1 million, compared with analysts’ estimate of $93.1 million. The company reported EPS of $0.20, beating analysts’ estimate of $0.09. Expenses in fourth-quarter were in-line with expectations.
Analysts at Wells Fargo have raised 2010 EPS estimate from $0.74 to $0.87. Analysts have introduced 2011 EPS at $0.35. The valuation range for LIN TV has also been raised from $4-$5 to $6-$7.
Wells Fargo continues to rate LIN TV Corp. as Market Perform.
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