
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