LIN Media Llc (LIN) Misses Q3 EPS by 12c

LIN Media Llc (NYSE: LIN) reported Q3 EPS of ($0.49), $0.12 worse than the analyst estimate of ($0.37). Revenue for the quarter came in at $192.1 million versus the consensus estimate of $192.1 million.

Commenting on third quarter 2014 results, the Company’s President and Chief Executive Officer Vincent L. Sadusky said: “Continued growth and expansion of our digital media business, robust political advertising and increasing subscriber fees helped drive our strong results during the third, and likely final quarter before we close on our merger with Media General. This is an exciting time as we prepare to combine and create one of the largest broadcast companies in the U.S., with the largest and most diversified digital business in our industry. I have great confidence in our ability to successfully execute our integration plans and capitalize on numerous growth opportunities.”

For earnings history and earnings-related data on LIN Media Llc (LIN) click here.

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