Tribune Publishing (TPUB) Tops Q4 EPS Views

Tribune Publishing (NYSE: TPUB) reported Q4 EPS of $1.34, $0.48 better than the analyst estimate of $0.86. Revenue for the quarter came in at $462 million versus the consensus estimate of $463.86 million.

2016 Outlook includes continued pressure on advertising and circulation revenue trends with strategic cost management. Other guidance includes: capital expenditures of $30 million to $35 million, depreciation and amortization of $55 million to $58 million, single-employer pension funding of $11 million, cash payments for the EVSP of approximately $46 million, including a Q1 and full year 2016 EVSP charge of $6 million and $8 million, respectively, and an effective tax rate of 41% to 43%.

For earnings history and earnings-related data on Tribune Publishing (TPUB) click here.

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