Feb 27 (Reuters) - Torstar Corp TSb.TO :
* ORATION REPORTS FOURTH QUARTER RESULTS
* Q4 LOSS PER SHARE C$0.04 FROM CONTINUING OPERATIONS
* Q4 EARNINGS PER SHARE ESTIMATE C$0.09 -- REFINITIV IBES DATA
* Q4 ADJUSTED EARNINGS PER SHARE C$0.15
* ENDED 2018 WITH $68.2 MILLION OF CASH AND CASH EQUIVALENTS AND $7.2 MILLION OF RESTRICTED CASH
* SEGMENTED REVENUE WAS $163.8 MILLION IN Q4 OF 2018, DOWN $25.7 MILLION
* EXPECT COST BASE IN 2019 TO BENEFIT FROM $11 MILLION OF RESTRUCTURING SAVINGS RELATED TO RESTRUCTURING INITIATIVES
* EXPECT TO CONTINUE TO EXECUTE ADDITIONAL COST SAVINGS IN BALANCE OF THE YEAR
* ANTICIPATE CAPITAL EXPENDITURES FOR 2019 WILL BE IN RANGE OF $16 - $17 MILLION
* EXPECT FLYER DISTRIBUTION REVENUE DECLINE WILL BE SLIGHTLY WORSE IN 2019 ON A SAME STORE BASIS
* EXPECT SUBSCRIBER REVENUES DECLINE TREND ON A SAME STORE BASIS WILL DETERIORATE MODESTLY IN 2019