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BUZZ-Tegna jumps after Q4 profit beat

ReutersFeb 27, 2025 4:57 PM

Media company Tegna's TGNA.N shares rise ~5% to $17.46 on better-than-expected fourth-quarter profit

TGNA reports quarterly adjusted earnings per share of $1.21, beating analysts' estimate of $1.16, according to data compiled by LSEG

Company's fourth-quarter subscription revenue totaled $357.3 million vs $339.3 million a year ago

Quarterly revenue up 20% at $870.5 million, driven by strength in political advertising

Including session's moves, stock down ~4.7% YTD

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