Recap: Tegna Q1 Earnings

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Tegna TGNA reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:30 AM.

Here's what investors need to know about the announcement.

Earnings

Tegna beat estimated earnings by 2.17%, reporting an EPS of $0.47 versus an estimate of $0.46.

Revenue was down $33.80 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 1.75% drop in the share price the next day.

Here's a look at Tegna's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.13 0.73 0.62 0.53
EPS Actual 0.98 0.65 0.60 0.59
Revenue Estimate 963.23M 837.37M 800.83M 772.03M
Revenue Actual 917.13M 803.11M 784.88M 774.12M

To track all earnings releases for Tegna visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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