Tribune Publishing Company (TPCO)
| Market Cap | 636.45M |
| Revenue (ttm) | 703.32M |
| Net Income (ttm) | 33.36M |
| Shares Out | 36.69M |
| EPS (ttm) | 1.62 |
| PE Ratio | 10.65 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | - |
| Open | - |
| Previous Close | 17.19 |
| Day's Range | 17.26 - 17.26 |
| 52-Week Range | 0.00 - 17.26 |
| Beta | 1.28 |
| Analysts | Strong Buy |
| Price Target | 20.00 (+15.9%) |
| Est. Earnings Date | Aug 4, 2021 |
About TPCO
Tribune Publishing Company, a media company, publishes newspapers worldwide. It publishes daily newspapers, weekly newspapers, and niche publications and direct mail. The company also provides various digital marketing services, which include the development of mobile websites, search engine marketing and optimization, social media account management, and content marketing for its customers' web presence for small to medium size businesses. In addition, it operates Tribune Content Agency, a syndication and licensing business that provides conte...
Financial Performance
In 2020, TPCO's revenue was $746.25 million, a decrease of -21.10% compared to the previous year's $945.78 million. Losses were -$39.01 million, 669.6% more than in 2019.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TPCO stock is "Strong Buy" and the 12-month stock price forecast is 20.00.
News
Tribune shareholders approve sale of newspapers to Alden
A deal to sell the newspapers of Tribune Publishing has been approved by the company's shareholders.
Battle For Tribune Publishing Ends In A Whimper For Hedge Fund Alden Global
Tribune Publishing shareholders today approved its $630 million sale to Alden Global Capital, a New York-based hedge fund with a controversial track record for slashing newsroom budgets that worries jou...
Tribune Publishing Stockholders Approve Proposed Merger with Alden Global Capital
CHICAGO, May 21, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today announced that its stockholders voted to approve the definitive merger agreement with af...
US hedge fund wins deal for Tribune Publishing newspaper chain
A hedge fund won approval Friday after a bitter campaign to acquire Tribune Publishing to create the second-largest US newspaper chain, in the latest consolidation in the battered sector.
NY Daily News parent Tribune approves takeover by Alden Global
Shareholders of Tribune Publishing, parent company of the New York Daily News and one of the country's largest newspaper chains, on Friday approved a takeover by hedge fund Alden Global Capital.
Hedge Fund Buys Tribune Publishing Company For $633M
Shareholders in Tribune Publishing Company (NASDAQ: TPCO) has accepted a $633 million acquisition proposal from the hedge fund Alden Global Capital. What Happened: Tribune Publishing has media operation...
Opposition to Alden takeover of Tribune heats up ahead of vote
Opposition to hedge fund takeover of Tribune Publishing is bubbling up ahead of next week's deal vote, including three legal fights, plans for multi-city rallies and written pleas for new buyers. “Pleas...
Tribune Publishing Company Reports First Quarter 2021 Results
Digital content revenues increased 66% year-over-year Exceeded previous guidance for First Quarter Revenue and Adjusted EBITDA
Tribune says Swiss billionaire Wyss walks away from buyout bid
(Reuters) -Tribune Publishing Co said on Monday Swiss billionaire Hansjoerg Wyss had decided to leave a group that had made a $680 million approach for the owner of the Chicago Tribune and the New York ...
Tribune Publishing Special Committee Determines April 1 Proposal From Stewart Bainum and Hansjörg Wyss No Longer Reas...
CHICAGO, April 19, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today confirmed receipt of a letter dated April 17, 2021, from Stewart Bainum ("Mr. Bainum")...
Hotel exec seeks new financing for Tribune after partner drops bid
A Maryland hotel executive is trying to assemble new financing for a $680 million offer to buy Tribune Publishing after his partner, a Swiss billionaire, pulled out of the bidding for the newspaper chai...
Swiss billionaire Wyss decides to drop out of bid for Tribune - Bloomberg, NYT
Swiss billionaire Hansjoerg Wyss has decided to drop out of a group that was bidding for Tribune Publishing Co, the New York Times and Bloomberg News reported on Saturday.
Due diligence underway for all of Tribune, as Hartford group forms to buy Courant
As the bidding war for Tribune Publishing heats up, groups of investors are quietly forming allegiances on the sidelines in hopes of snagging newspaper assets expected to be sold off in the process. The...
What To Know About Tribune Publishing's New $680M Acquisition Bid
Tribune Publishing Company (NASDAQ: TPCO) has acknowledged the receipt of a $680 million acquisition proposal from Newslight LLC, a joint venture owned by Stewart W. Bainum Jr., chairman of Choice Hotel...
Tribune Publishing Special Committee Determines Revised, Non-Binding Proposal From Stewart Bainum and Hansjörg Wyss W...
CHICAGO, April 5, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today announced that the special committee of its Board of Directors, in consultation with it...
Tribune Publishing, owner of NY Daily News, backs Alden Global's bid despite higher offer
Tribune Publishing's board has decided to stick with a buyout bid from its largest shareholder, Alden Global, despite getting a higher offer from hotel tycoon Stewart Bainum after the hedge fund said it...
Hotel Exec Stewart W. Bainum Jr. Seeks To Buy Tribune Publishing
A deal that would have resulted in a $630 million sale of Tribune Publishing Company (NASDAQ: TPCO) has reportedly hit a snag as a new prospective buyer has made his interest known in the company. What ...
Tribune Publishing Reports Fourth Quarter and Full-Year 2020 Results
Digital content revenues increased 57.0% year-over-year Net increase in cash of $36.7 million
INVESTIGATION ALERT: Halper Sadeh LLP Investigates TPCO, MGLN, WDR, TCF; Shareholders Are Encouraged to Contact the Firm
NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:
SHAREHOLDER ALERT: WeissLaw LLP Reminds TPCO, ENBL, EGOV and GRNV Shareholders About Its Ongoing Investigations
NEW YORK, Feb. 24, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...
INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies on Behalf of Shareholders - TPCO, CEI, MGL...
NEW YORK, Feb. 20, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Tribune Publishing Company (NASDAQ: TPCO) concerning p...
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Tribune Publishing Company - TPCO
NEW YORK, Feb. 19, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Act...
Tribune Publishing (TPCO) Looks Good: Stock Adds 6.6% in Session
Tribune Publishing (TPCO) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
TPCO ALERT – Shareholder Rights Firm Labaton Sucharow is Investigating Tribune Publishing Company (NASDAQ: TPCO) for ...
NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a nationally ranked and award winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against n...
TRIBUNE (TPCO) SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Tribune Publishing Co. Following Announc...
PHILADELPHIA, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Tribune Publishing Company (NASDAQ: TPCO) (“Tribune” or the “Company”) on behalf of the Company's curre...