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LIN TV Corp. Message Board

martelxo92 1 post  |  Last Activity: Apr 5, 2016 3:51 PM Member since: Jun 29, 2006
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    by jchia1236 Apr 5, 2016 10:39 AM
    martelxo92 martelxo92 Apr 5, 2016 3:51 PM Flag

    They will beat 1st quarter. With the renewal of the TWC retransmission deal alone they pick up net income of 5 cents after taxes.(for the quarter) They had decent political in several markets as well. Their best political came from Wisconsin but that was mostly during April. They did well in Colorado, Nevada and Florida.
    They also paid out a lot of the frozen pension in 4th quarter. I think the street has missed on this guidance as they will meet and beat the current forecast. I'm buying on the way down. Will surely be higher later in the year.