E.W. Scripps (SSP) to Release Quarterly Earnings on Thursday

E.W. Scripps (NASDAQ:SSP) will release its earnings data after the market closes on Thursday, May 9th. Analysts expect E.W. Scripps to post earnings of ($0.06) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

E.W. Scripps (NASDAQ:SSP) last released its quarterly earnings results on Friday, February 23rd. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.48). E.W. Scripps had a positive return on equity of 1.81% and a negative net margin of 41.33%. The company had revenue of $615.77 million during the quarter, compared to analysts’ expectations of $593.00 million.

E.W. Scripps Stock Up 4.1 %

Shares of NASDAQ:SSP opened at $4.45 on Tuesday. The company has a market capitalization of $377.01 million, a price-to-earnings ratio of -0.38 and a beta of 1.90. The company has a 50 day moving average of $3.81 and a two-hundred day moving average of $5.98. E.W. Scripps has a 52-week low of $2.93 and a 52-week high of $11.02. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 3.91.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company dropped their price target on shares of E.W. Scripps from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th.

E.W. Scripps Company Profile

The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local television stations, national news, and entertainment networks in the United States. It operates through Local Media, Scripps Networks, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, sports, and entertainment content, as well as its related digital operations; runs network, syndicated, and original programming, and local sporting events; and provides core and political advertising services.