The McClatchy Company Provides Earnings Guidance for the Fourth Quarter and Full Year 2015
For the year, the company expects total revenues are expected to be down 7.8% for fourth quarter from last year. cash flows are expected to be below 2014, free cash flow, fueled by lower cash interest costs of approximately $40 million and lower capital expenditures and taxes, is expected to grow in 2015 compared to the $53.7 million in 2014.