News headlines about tronc (NASDAQ:TRNC) have trended somewhat positive on Thursday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. tronc earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4837917368298 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Out-Of-Box Hires Reset Tronc — and LA Times’ — Strategy Once Again – TheStreet.com (thestreet.com)
- tronc, Inc. to Report Third Quarter 2017 Results on November 1, 2017 – GlobeNewswire (press release) (globenewswire.com)
- Los Angeles Times Media Group Adds Lewis D’Vorkin and Mickie Rosen to Its Leadership Team (finance.yahoo.com)
- Out-Of-Box Hires Reset Tronc — and L.A. Times’ — Strategy Once Again (finance.yahoo.com)
A number of equities analysts have recently issued reports on TRNC shares. Noble Financial reissued a “buy” rating on shares of tronc in a report on Thursday, August 3rd. Zacks Investment Research cut tronc from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 4th.
tronc (NASDAQ:TRNC) remained flat at $15.22 during midday trading on Thursday. 61,483 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $14.24 and its 200-day moving average price is $13.31. The firm has a market cap of $500.63 million, a PE ratio of 42.63 and a beta of 1.74. tronc has a 12-month low of $8.76 and a 12-month high of $17.29.
tronc (NASDAQ:TRNC) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.01 by $0.35. tronc had a net margin of 0.83% and a return on equity of 63.98%. The business had revenue of $369.79 million during the quarter, compared to the consensus estimate of $375.05 million. Equities research analysts expect that tronc will post $0.37 earnings per share for the current fiscal year.
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.
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