TEGNA’s Q4 Outlook: Big Operating Expenses, Solid Revenue Gains


By the end of 2019, TEGNA expects to be “disproportionately impacted” by cyclical even-to-odd year results due to the absence of more than $140 million of political revenue in 2018.

As such, even while growth in revenue will be seen in Q4, substantial increases in its operating expenses may cause some investors to start biting their nails.

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