NYSE$TGNA
TEGNA Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
TEGNA reported record third quarter total company revenue, subscription revenue, net income, and Adjusted EBITDA.
TEGNA Inc. announced financial results for the third quarter ended September 30, 2022, achieving record total company revenue, subscription revenue, net income, and Adjusted EBITDA. Total company revenue was $803 million, up six percent year-over-year.
- Total company revenue was a third quarter record of $803 million, up six percent year-over-year.
- Subscription revenue was a third quarter record of $377 million, up two percent year-over-year.
- TEGNA achieved record third quarter net income of $146 million on a GAAP basis, or $147 million on a non-GAAP basis.
- Total company Adjusted EBITDA was a third quarter record of $266 million, representing an increase of nine percent compared to the third quarter of 2021.
Headline financials
Revenue & EPS history
TEGNA · Revenue · Quarterly
$803M
Revenue by segment
TEGNA · $426M total across 3 segments · Q3 2022
- Advertising & Mktg Svcs$321M-11.9%75.4%
- Political$93M+519.6%21.8%
- Other$12M+40.0%2.8%
Forward guidance
On track to complete proposed acquisition by an affiliate of Standard General in the second half of 2022, subject to regulatory approvals and customary closing conditions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2022
+0.3%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+0.7%
Avg return
30 days after
58%
42 / 72 earnings
Positive
+11.8%
Q2 2009
Best reaction
-20.3%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -0.5% | -1.5% | — | |
| Q3 2025 | +0.0% | -0.2% | -1.7% | |
| Q2 2025 | -8.2% | +24.2% | +28.2% | |
| Q1 2025 | +2.6% | +6.4% | -1.5% | |
| Q4 2024 | +7.9% | +4.0% | +8.8% | |
| Q3 2024 | +5.0% | +3.0% | +4.7% | |
| Q2 2024 | -5.2% | -7.2% | -7.1% | |
| Q1 2024 | +2.6% | +5.9% | -3.3% | |
| Q4 2023 | +0.9% | +3.6% | +10.4% | |
| Q3 2023 | -2.3% | +1.4% | -1.4% | |
| Q2 2023 | +1.4% | +1.2% | -7.3% | |
| Q1 2023 | +0.3% | +1.4% | +2.5% | |
| Q4 2022 | -20.3% | -22.0% | -25.6% | |
| Q3 2022 | +0.9% | -1.6% | +3.6% | |
| Q2 2022 | -0.0% | +1.9% | +0.4% | |
| Q1 2022 | -2.4% | -3.9% | -2.9% | |
| Q4 2021 | +0.6% | -1.3% | -1.3% | |
| Q3 2021 | +5.8% | +5.9% | +0.8% | |
| Q2 2021 | +1.2% | -1.5% | -4.4% | |
| Q1 2021 | -4.0% | -2.1% | -4.3% | |
| Q4 2020 | -3.0% | +3.7% | +3.3% | |
| Q3 2020 | +7.1% | +8.0% | +11.2% | |
| Q2 2020 | +3.9% | +3.4% | +4.2% | |
| Q1 2020 | +0.7% | -3.3% | +20.7% | |
| Q4 2019 | -4.6% | -2.4% | -5.6% | |
| Q3 2019 | +0.0% | -1.3% | +3.5% | |
| Q2 2019 | -5.8% | -6.8% | +4.2% | |
| Q1 2019 | +3.9% | +2.2% | +0.2% | |
| Q4 2018 | +10.4% | +12.0% | +7.1% | |
| Q3 2018 | -0.7% | +2.5% | +1.3% | |
| Q2 2018 | -2.1% | -3.8% | +3.3% | |
| Q1 2018 | -0.4% | +0.8% | +0.1% | |
| Q4 2017 | +4.8% | +0.9% | -11.4% | |
| Q3 2017 | +7.1% | +4.7% | +15.3% | |
| Q2 2017 | -5.6% | -9.8% | -14.9% | |
| Q1 2017 | -9.6% | -12.1% | -14.0% | |
| Q4 2016 | +3.3% | +4.5% | +3.4% | |
| Q3 2016 | -8.2% | -6.7% | +12.1% | |
| Q2 2016 | -9.4% | -12.4% | -15.8% | |
| Q1 2016 | -2.0% | — | — | |
| Q4 2015 | +9.4% | — | — | |
| Q3 2015 | -0.5% | — | — | |
| Q2 2015 | -5.6% | — | — | |
| Q1 2015 | +0.9% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | -2.0% | — | — | |
| Q1 2014 | +1.8% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | -3.5% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -2.9% | — | — | |
| Q4 2012 | +3.9% | — | — | |
| Q3 2012 | +3.0% | — | — | |
| Q2 2012 | -0.8% | — | — | |
| Q1 2012 | +1.4% | — | — | |
| Q4 2011 | +3.0% | — | — | |
| Q3 2011 | +4.9% | — | — | |
| Q2 2011 | -5.8% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q1 2011 | +0.1% | — | — | |
| Q3 2010 | +1.6% | — | — | |
| Q2 2010 | +3.2% | — | — | |
| Q4 2009 | -5.9% | — | — | |
| Q1 2009 | -5.9% | — | — | |
| Q1 2010 | +1.2% | — | — | |
| Q4 2007 | +3.6% | — | — | |
| Q3 2008 | +1.3% | — | — | |
| Q3 2009 | +1.3% | — | — | |
| Q2 2008 | +11.8% | — | — | |
| Q2 2009 | +11.8% | — | — | |
| Q4 2008 | +11.8% | — | — |
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