Tegna: Q3 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of Tegna (NYSE:TGNA) rose 2.0% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 118.52% over the past year to $0.59, which beat the estimate of $0.49.

Revenue of $738,389,000 rose by 33.80% year over year, which beat the estimate of $699,090,000.

Outlook

Tegna hasn't issued any earnings guidance for the time being.

Tegna hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Nov 09, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/sup9ef7n

Recent Stock Performance

52-week high: $18.31

52-week low: $9.61

Price action over last quarter: Up 8.73%

Company Profile

Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has around 62 television stations and more than 3 radio stations in approximately 51 U.S markets. It generates revenue from advertising and marketing services, subscription, political advertising, and other services. The company's brands are JUSTICE NETWORK, QUEST, PREMION, and others.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: EarningsNews