MDP News and Press, Meredith Corporation From 05/03/21

Gray Television (GTN +0.8%) has a deal to acquire Meredith's (MDP +12.6%) Local Media Group in a a $2.7B cash transaction. Gray will acquire all outstanding shares of Meredith for about $14.50/share in cash, which is $2.7B in enterprise value after the spin-off of Meredith's National Media Gr...

Meredith Corporation To Sell Local Media Group For $2.7 Billion, Focus Exclusively On Leading Portfolio Of National Brands 10x Multiple Reflects Highly Competitive Process and High-Quality Broadcast Portfolio Materially Reduces Debt & Enhances Capital Flexibility, Accele...

Meredith Corp. (MDP) rose 12% in premarket trading on a report that it's in advanced talks to sell its broadcast stations to Gray Television Inc. (GTN) for more than $2.5B.A deal may happen as soon as this week, according to a Bloomberg report. Bloomberg has previously reported that...

Image source: The Motley Fool. Meredith Corp (NYSE: MDP) Q3 2021 Earnings Call Apr 29, 2021 , 9:00 a.m. ET Operator Continue reading For further details see: Meredith Corp (MDP) Q3 2021 Earnings Call Transcript

Meredith Corporation (MDP) Q3 2021 Earnings Conference Call April 29, 2021 09:00 AM ET Company Participants Mike Lovell - Investor Relations Thomas Harty - Chairman, President and Chief Executive Officer Jason Frierott - Chief Financial Officer Catherine Levene - President of National Media G...

The following slide deck was published by Meredith Corporation in conjunction with their 2021 Q3 earnings call. For further details see: Meredith Corporation 2021 Q3 - Results - Earnings Call Presentation

Meredith (MDP): Q3 Non-GAAP EPS of $0.53 beats by $0.18; GAAP EPS of $1.61 beats by $1.59.Revenue of $664.5M (-5.3% Y/Y) misses by $7.11M.Chairman and Chief Executive Officer Tom Harty comments: "Our National Media digital business again delivered record revenue performance, in...

Meredith Reports Fiscal 2021 Third Quarter And Nine Month Results Continued Strong Double Digit Growth in Digital Advertising, Digital Consumer, and Licensing Revenues Reduced Debt by $251 Million and Generated Third Quarter Operating Cash Flow of $76 Million PR Newswire...

Meredith (NYSE:MDP) is scheduled to announce Q3 earnings results on Thursday, April 29th, before market open.The consensus EPS Estimate is $0.35 (-28.6% Y/Y) and the consensus Revenue Estimate is $671.61M (-4.3% Y/Y).Over the last 2 years, MDP has beaten EPS estimates 63% of the time and has ...

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