With a hostile board seat play from Soohyung Kim behind it and COVID-19 challenges also in the rear-view mirror, TEGNA is poised to benefit from a return of pro sports to the schedule and, like many TV station owners, continued retransmission fee riches.
But, just how did TEGNA do in Q2? Its earnings per share beat the Zacks Consensus Estimate. However, trading was downbeat as Monday’s Closing Bell approached on Wall Street.
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