February 16, 2018 / 2:18 PM / 6 months ago

BRIEF-McClatchy Reports Fourth Quarter 2017 Earnings

Feb 16 (Reuters) - Mcclatchy Co:

* Q4 REVENUE FELL 6.7 PERCENT TO $244.7 MILLION

* ‍EXPECTS CAPITAL EXPENDITURES BETWEEN $10 MILLION AND $14 MILLION IN 2018​

* MCCLATCHY-$58 MILLION ‍NET REDUCTIONS IN TAX EXPENSE FOR NON-CASH REVERSAL OF VALUATION ALLOWANCE ON DEFERRED TAXES,REDUCED RATE CHANGES,BOTH ON TCJA IN QUARTER Source text for Eikon: Further company coverage:

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