Tribune Media: 3Q Earnings Snapshot
CHICAGO (AP) _ Tribune Media Co. (TRCO) on Friday reported third-quarter net income of $54.1 million, after reporting a loss in the same period a year earlier.
The Chicago-based company said it had net income of 61 cents per share. Earnings, adjusted for one-time gains and costs, were 63 cents per share.
The operator of the WGN America network and local TV stations posted revenue of $498 million in the period.
Tribune Media shares have decreased slightly more than 8 percent since the beginning of the year. The stock has dropped slightly more than 3 percent in the last 12 months.