TEGNA Moves Past Standard General With Q2 Earnings Call

0

TEGNA, the broadcast TV station owner that is not merging with Soohyung Kim-led Standard General, is putting the final touches on its second quarter 2023 earnings report.


And, it has confirmed that the company led by CEO Dave Lougee will be discussing the results in a quarterly earnings call planned for the first Thursday in August.

Lougee, along with other C-Suite executives including Lynn Beall, will host the earnings call on August 3 at 10am Eastern.

What can investors expect from the owner of such stations as WUSA9 in Washington, D.C.; WGRZ-2 in Buffalo; WTSP-10 in Tampa-St. Petersburg; and KGW-8 in Portland, Ore.?

Five analysts cover TEGNA, and they’ve pegged Q2 2023 revenue to come in at $735.76 million.

The Q2 2023 earnings per share estimate from the five analysts is $0.44, down from $0.60 in the second quarter of 2022.