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Tribune Reaffirms Earnings Guidance
for First Quarter
Company files proxy
2003 Annual Meeting
of Shareholders will take place May 6th
CHICAGO, April 8, 2003 --
Tribune Company (NYSE:TRB) today reaffirmed its previous earnings
guidance for the first quarter. While the war in Iraq has
had some effect on revenues, the company remains comfortable
that its earnings per share will be within the current range
of analysts’ estimates of 37 to 42 cents per share as
listed on First Call.
Tribune will release first quarter 2003 earnings
on Wed., April 16, before the market opens. A conference call
to discuss the results will be held that day at 8 a.m. CDT.
Details of the conference call and Webcast can be found on
the company’s Website, www.tribune.com.
Tribune also said that it has filed its 2003
Proxy Statement and Notice of the Annual Meeting of Shareholders
with the Securities and Exchange Commission. The annual meeting
will take place on Tuesday, May 6, at the Swissôtel
Chicago, 323 East Wacker Drive. The meeting will begin at
11 a.m. CDT.
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TRIBUNE (NYSE:
TRB) is one of the country’s premier media companies,
operating businesses in broadcasting, publishing and on the
Internet. It reaches more than 80 percent of U.S. households,
and is the only media company with television stations, newspapers
and Web sites in the nation’s top three markets. In
publishing, Tribune operates 12 market-leading daily newspapers
such as the Los Angeles Times, Chicago Tribune and Newsday
plus a wide range of targeted publications including Spanish-language
newspapers. In broadcasting, Tribune properties include 26
television stations and Superstation WGN on national cable.
These publishing and broadcasting interests are complemented
by high-traffic news and information Web sites in 20 of the
nation’s top 30 markets.
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