Tribune (TRCO) Stock Price, News & Analysis

Tribune (NYSE:TRCO) issued its quarterly earnings data on Thursday, August, 9th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.40. The business had revenue of $489.36 million for the quarter, compared to the consensus estimate of $483.10 million. Tribune had a trailing twelve-month return on equity of 8.92% and a net margin of 18.05%. The business's revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.36 earnings per share.

Tribune (NYSE:TRCO) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.14%. The dividend payout ratio is 27.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRCO will have a dividend payout ratio of 25.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRCO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tribune investors own include The Liberty SiriusXM Group (LSXMA), Sarepta Therapeutics (SRPT), CVS Health (CVS), Micron Technology (MU), HCI Group (HCI), Merck & Co., Inc. (MRK), Advanced Micro Devices (AMD), Mitek Systems (MITK), Revlon (REV) and Transocean (RIG).