tronc (TRNC) Set to Announce Quarterly Earnings on Tuesday

tronc (NASDAQ:TRNC) is scheduled to post its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect tronc to post earnings of $0.55 per share for the quarter.

tronc (NASDAQ:TRNC) opened at $20.24 on Monday. tronc has a 52 week low of $10.80 and a 52 week high of $24.74. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 4.98. The stock has a market capitalization of $680.02, a PE ratio of 28.11 and a beta of 1.94.

A number of research analysts have issued reports on the company. BidaskClub cut tronc from a “buy” rating to a “hold” rating in a research note on Thursday. Noble Financial cut tronc from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. They noted that the move was a valuation call. ValuEngine raised tronc from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research cut tronc from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. Finally, Sidoti assumed coverage on tronc in a research note on Wednesday, January 17th. They issued a “buy” rating and a $25.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. tronc presently has a consensus rating of “Hold” and an average target price of $21.50.

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tronc Company Profile

tronc, Inc, formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia.

Earnings History for tronc (NASDAQ:TRNC)

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tronc (TRNC) Set to Announce Quarterly Earnings on Tuesday

tronc (NASDAQ:TRNC) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.55 per share for the quarter.

Shares of tronc (NASDAQ:TRNC) opened at $20.24 on Monday. The company has a debt-to-equity ratio of 4.98, a quick ratio of 1.53 and a current ratio of 1.57. tronc has a 52 week low of $10.80 and a 52 week high of $24.74. The company has a market capitalization of $680.02, a price-to-earnings ratio of 28.11 and a beta of 1.94.

TRNC has been the subject of a number of analyst reports. ValuEngine raised tronc from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised tronc from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Wednesday, November 15th. BidaskClub cut tronc from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 18th. Sidoti initiated coverage on tronc in a research note on Wednesday, January 17th. They set a “buy” rating and a $25.00 price objective for the company. Finally, Noble Financial cut tronc from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $21.50.

ILLEGAL ACTIVITY WARNING: This news story was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and international trademark and copyright laws. The legal version of this news story can be viewed at https://ledgergazette.com/2018/02/19/tronc-trnc-set-to-announce-quarterly-earnings-on-tuesday.html.

tronc Company Profile

tronc, Inc, formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia.

Earnings History for tronc (NASDAQ:TRNC)

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