March 1, 2018 / 12:31 PM / 5 months ago

BRIEF-Tribune Media Company Reports Q4 Earnings Per Share $3.73 From Continuing Operations

March 1 (Reuters) - Tribune Media Co:

* MPANY REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS

* Q4 ADJUSTED EARNINGS PER SHARE $0.81 FROM CONTINUING OPERATIONS

* Q4 REVENUE FELL 8 PERCENT TO $489 MILLION

* TELEVISION AND ENTERTAINMENT NET ADVERTISING REVENUES DECREASED 15% TO $326.2 MILLION FOR Q4

* ‍AS A RESULT OF TAX REFORM, COMPANY RECORDED A PROVISIONAL DISCRETE NET TAX BENEFIT OF $256 MILLION IN QUARTER​

* ‍IN LIGHT OF TRANSACTION WITH SINCLAIR, NOT PROVIDING FINANCIAL GUIDANCE FOR FULL YEAR 2018​ Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below