Tribune Publishing Co (TPUB) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Tribune Publishing Co (TPUB) reported quarterly earnings results on Wednesday, May-4-2016. The company reported $0.23 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.25. The company posted revenue of $398.20 million in the period, compared to analysts expectations of $404.75 million.

Many Wall Street Analysts have commented on Tribune Publishing Co. Tribune Publishing Co was Upgraded by Macquarie to ” Neutral” on Mar 4, 2016.

Tribune Publishing Co closed down -0.12 points or -1.06% at $11.21 with 6,20,182 shares getting traded on Monday. Post opening the session at $11.29, the shares hit an intraday low of $10.94 and an intraday high of $11.83 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Aug 25, 2015, Tony Hunter (CEO) purchased 5,000 shares at $11.70 per share price. According to the SEC, on Aug 18, 2015, John H Jr Griffin (CEO) purchased 20,000 shares at $11.26 per share price.

Tribune Publishing Company (Tribune Publishing) is a multiplatform media and marketing solutions company. The Company’s portfolio of news and information brands includes daily and weekly titles digital properties and verticals in markets across the Country. The Company’s brands are sources of local news and information across all platforms including print online mobile and social in the markets they serve. Tribune Publishing’s media groups include the Los Angeles Times Media Group the Chicago Tribune Media Group the Sun Sentinel Media Group the Orlando Sentinel Media Group The Baltimore Sun Media Group the Hartford Courant Media Group The Morning Call Media Group and the Daily Press Media Group. The Company’s offerings also include a suite of digital custom content and direct mail services and solutions for marketers including Tribune Content Agency Tribune Direct and 435 Digital.

Tribune Publishing Co

Leave a Reply

Tribune Publishing Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Tribune Publishing Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.