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Last $39.22 USD
Change Today +0.28 / 0.72%
Volume 846.7K
TRCO On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

tribune media co - a (TRCO) Snapshot

Open
$38.99
Previous Close
$38.94
Day High
$39.54
Day Low
$38.82
52 Week High
09/11/14 - $71.20
52 Week Low
08/24/15 - $36.68
Market Cap
3.7B
Average Volume 10 Days
983.9K
EPS TTM
$1.88
Shares Outstanding
94.1M
EX-Date
08/6/15
P/E TM
20.9x
Dividend
$1.00
Dividend Yield
18.44%
Current Stock Chart for TRIBUNE MEDIA CO - A (TRCO)

tribune media co - a (TRCO) Details

Tribune Media Company, through its subsidiaries, operates as a media and entertainment company in the United States. The company operates through two segments, Television and Entertainment, and Digital and Data. The Television and Entertainment segment provides news, entertainment, and sports programming through Tribune Broadcasting local television stations, including FOX television affiliates, CW television affiliates, CBS television affiliates, ABC television affiliates, NBC television affiliates, and independent television stations; and television series and movies on WGN America, a national general entertainment network. This segment also operates Antenna TV and THIS TV, a digital multicast networks; Tribune Studios, a development and production studio; and radio station in Chicago. It operates 42 television stations. The Digital and Data segment provides video and music content, as well as operates zap2it.com for entertainment content. Tribune Media Company also owns and manages real estate properties. The company was formerly known as Tribune Company and changed its name to Tribune Media Company in July 2014. Tribune Media Company was founded in 1847 and is based in Chicago, Illinois.

7,600 Employees
Last Reported Date: 04/23/15
Founded in 1847

tribune media co - a (TRCO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.6M
Interim Chief Financial Officer, Chief Busine...
Total Annual Compensation: $875.0K
President of Broadcast Media
Total Annual Compensation: $800.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $643.9K
Executive Vice President of Human Resources
Total Annual Compensation: $586.5K
Compensation as of Fiscal Year 2014.

tribune media co - a (TRCO) Key Developments

Tribune Media Company Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015 and 2016

Tribune Media Company announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total operating revenue of $501,524,000 against $474,979,000 a year ago. Operating profit was $19,784,000 against $32,193,000 a year ago. Loss from continuing operations before income taxes was $3,958,000 against income from continuing operations before income taxes of $109,387,000 a year ago. Net loss was $3,265,000 or $0.04 per basic and diluted share against net income of $82,922,000 or $0.83 per basic and diluted share a year ago. Loss from continuing operations was $3,265,000 against income from continuing operations was $67,082,000 a year ago. Basic and diluted loss from continuing operations per share was $0.04 against basic and diluted income from continuing operations per share of $0.67 a year ago. Adjusted EBITDA was $92,309,000 against $130,344,000 a year ago. For the six months, the company reported total operating revenue of $974,261,000 against $921,081,000 a year ago. Operating profit was $80,719,000 against $82,453,000 a year ago. Profit from continuing operations before income taxes was $54,761,000 against $155,503,000 a year ago. Net income was $33,152,000 or $0.34 per basic and diluted share against $123,990,000 or $1.24 per basic and diluted share a year ago. Income from continuing operations was $33,152,000 against $95,549,000 a year ago. Basic and diluted income from continuing operations per share was $0.34 against $0.96 a year ago. Adjusted EBITDA was $221,289,000 against $268,330,000 a year ago. Net cash used in operating activities was $76,378,000 against net cash from operating activities of $270,898,000 a year ago. Capital expenditures were $38,717,000 against $39,597,000 a year ago. The company provided earnings guidance for the year 2015. For the year, the company expects net revenues of $2.00 billion to $2.03 billion. Adjusted EBITDA is expected to be $480 million to $495 million. Total capital expenditures expected to be $100 million, including approximately $50 million of non-recurring capital expenditures. The company expects cash taxes to be $95 million to $100 million. Cash interest is expected to be approximately $130 million. Depreciation & amortization is expected to be approximately $260 million. For the year 2016, the company expects consolidated adjusted EBITDA year-over-year growth of greater than 30%.

Tribune Media Company Announces Resignation of Steven Berns as Chief Financial Officer, Effective August 11, 2015

Tribune Media Company announced that its Chief Financial Officer, Steven Berns, has resigned effective August 11, 2015, to accept the position of CFO at another public company. Tribune Media has appointed Chandler Bigelow, its current Chief Strategies & Operations Officer as interim CFO, effective August 12, 2015. The company has initiated an external search for a full time successor as CFO. Bigelow previously served as CFO from 2008 to 2013, and is a 17-year veteran of the company. He will continue to serve in his current role. Berns will remain available to Tribune Media to facilitate a smooth transition of duties, and his resignation does not reflect any dispute or disagreement with the company.

Tribune Media Company Declares Quarterly Cash Dividend, Payable on August 24, 2015

Tribune Media Company announced that on July 30, 2015, the Company's Board of Directors declared a quarterly cash dividend of $0.25 per share on the Company's Class A common stock and Class B common stock. In addition, holders of the Company's outstanding warrants will receive a cash payment equal to the amount of the dividend paid per share of common stock for each share of common stock such warrants are exercisable into. The dividend is payable on August 24, 2015 to stockholders and warrant holders of record at the close of business on August 10, 2015. This is the second quarterly dividend declared under the Board of Director's dividend program announced on March 6, 2015. Future dividends will be subject to the discretion of the Company's Board of Directors.

 

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Industry Analysis

TRCO

Industry Average

Valuation TRCO Industry Range
Price/Earnings 8.2x
Price/Sales 1.6x
Price/Book 0.7x
Price/Cash Flow 6.0x
TEV/Sales 0.0x
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