Movers and SHAKERS
Tribune Publishing Company (TPCO)
What Is The Company's Value?
Tribune Publishing Co is a print and online media company that publishes various newspapers and websites. It creates and distribute content across its media portfolio, offering integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities. The company manages its business as two distinct segments, M and X. Segment M is comprised of the company's media groups excluding their digital revenues and related digital expenses, except digital subscription revenues when bundled with a print subscription. Segment X includes the company's digital revenues and related digital expenses from local Tribune websites, third party websites, mobile applications, digital only subscriptions, Tribune Content Agency and BestReviews.
Michael Kupinski, Director of Research, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
NobleCon 17 highlights. This report provides highlights from a fireside chat conversation with Terry Jimenez, the CEO, at Noble's 17th annual conference last week. A rebroadcast of that conversation may be obtained by clicking here. Topics that were discussed included the company's digital transition, improving margin outlook, and the offer by its largest shareholder to buy the remaining shares it does not own.
Improving margin outlook. Management provided guidance for 2021 which indicated that adj. EBITDA margins should improve from 11.3% in 2020 to 15.5% in 2021. Importantly, management indicated that it expects margins to continue to improve beyond 2021 ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.