Tegna reports Q1 EPS 37c, consensus 33c

Reports Q1 revenue $680.049M, consensus $675.61M. “We’re making important progress on the key initiatives that are shaping TEGNA’s (TGNA) future,” said Mike Steib, CEO. “While the macro environment remains volatile, we’re staying focused on execution, reinventing how we serve our local communities to maximize the full opportunity across both linear TV and digital. With industry-leading brands, top talent, and a strong balance sheet, we are well-positioned to win.”