Tribune Publishing (NASDAQ:TPCO) posted its earnings results on Wednesday. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.06), Fidelity Earnings reports. The business had revenue of $255.77 million for the quarter, compared to analyst estimates of $233.80 million. Tribune Publishing had a return on equity of 9.05% and a net margin of 18.03%.
Shares of TPCO stock traded down $0.05 during trading on Friday, reaching $16.31. 220,400 shares of the company’s stock were exchanged, compared to its average volume of 169,989. The company has a current ratio of 1.16, a quick ratio of 1.13 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $583.68 million, a PE ratio of 15.10 and a beta of 1.69. Tribune Publishing has a twelve month low of $13.86 and a twelve month high of $24.74.
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Tribune Publishing Company, a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers' Web presence for small to medium size businesses.
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