Tribune Publishing: 1Q Earnings Snapshot
Posted June 5, 2020 7:57 am.
Last Updated June 5, 2020 8:08 am.
CHICAGO (AP) _ Tribune Publishing Co. (TPCO) on Friday reported a loss of $45.3 million in its first quarter.
On a per-share basis, the Chicago-based company said it had a loss of $1.26. Losses, adjusted for restructuring costs, came to 99 cents per share.
The media company posted revenue of $216.5 million in the period.
For the current quarter ending in July, Tribune Publishing said it expects revenue in the range of $172 million to $175 million.
Tribune Publishing shares have decreased 25% since the beginning of the year. The stock has climbed slightly in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPCO at https://www.zacks.com/ap/TPCO
The Associated Press
