Tribune Media Company reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, total operating revenues were $439,910,000 against $468,472,000 a year ago. Operating loss was $15,232,000 against profit of $29,992,000 a year ago. Loss from continuing operations before income taxes was $152,826,000 against profit of $30,297,000 a year ago. Loss from continuing operations was $101,212,000 against profit of $15,102,000 a year ago. Net loss  was $85,594,000 against profit of $11,093,000 a year ago. Basic and diluted loss per common share from continuing operations was $1.17 against earnings of $0.16 a year ago. Basic and diluted loss per common share was $0.99 against earnings of $0.12 a year ago. Net cash provided by operating activities was $75,213,000 against $122,299,000 a year ago. Capital expenditures were $14,634,000 against $17,848,000 a year ago. Adjusted EBITDA was $57,548,000 against $96,954,000 a year ago. Adjusted diluted loss per share was $0.07 against earnings of $0.23 a year ago.

For full year 2017, the company expects: Consolidated revenues to be between $1.865 billion and $1.916 billion; Consolidated Adjusted EBITDA to be between $440 million and $480 million; Capital expenditures to be between $75 million and $95 million; Cash taxes to be between $85 million and $100 million (excludes cash tax payments for transactions such as real estate sales, the Gracenote Sale and anticipated spectrum proceeds); and Cash interest to be approximately $152 million.