What analyst predict for TEGNA NYSE:TGNA ?
TEGNA NYSE:TGNA headquartered in Virginia, United States is reporting their earnings on 05/07/2018 before the bell. Street forecast for the quarter ending March 2018 is $0.02.
According to stock market daily analyst this is Lower then same time previous year. TEGNA reported EPS for the same quarter last year was $0.14.
Overview of TEGNA NYSE:TGNA
TEGNA, Inc. Was an agribusiness established in 1947 that began as TGNArsons Truck Terminal (ATT) in the 1940s for the grain industry. It used to, in various phases, provided merchandising, production and distribution of products and services to the agribusiness community. It was organized into four business groups: grain, ethanol, plant nutrient, retail, and turf & specialty group, and rail. Its grain business provides grain storage and management facilities with a particular focus on the Eastern Corn Belt of Ohio, Indiana, Michigan, Nebraska and Illinois through grain terminals located in those states, crop insurance, commodity risk management and grain delivery services through its rail business. It was headquartered in Maumee, Ohio.
It had revenues of $4,576,331,000 for the 2011 fiscal year ending December 31, 2011.
On Aug 19, 2003, TEGNA announced to restate income for 2002 and the first quarter of 2003, after they determined that the earnings reported under a five-year grain marketing agreement did not follow a new accounting pronouncement. In total, the company’s income remained unchanged.
On Nov 18, 2005, TEGNA restated the Statement of Cash Flows for the nine-month period ended September 30, 2005, due to an error in the procedures of preparation. On January 15, 2017, TEGNA announced that they will cease their retail operations, closing stores in Maumee, Toledo and Columbus, Ohio, during the second quarter of 2017,and focus on their grain, rail car, ethanol, and plant nutrients units.
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