Lee Enterprises (LEE) Scheduled to Post Quarterly Earnings on Thursday

Lee Enterprises (NYSE:LEE) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 2nd. Individual that wish to register for the company’s earnings conference call can do so using this link.

Lee Enterprises (NYSE:LEE) last released its earnings results on Thursday, February 1st. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $155.68 million for the quarter. Lee Enterprises had a negative net margin of 0.86% and a negative return on equity of 30.92%.

Lee Enterprises Stock Performance

Shares of LEE opened at $12.65 on Thursday. The stock has a 50 day moving average price of $11.78 and a 200 day moving average price of $10.31. The company has a quick ratio of 0.87, a current ratio of 0.94 and a debt-to-equity ratio of 20.47. The company has a market capitalization of $77.67 million, a price-to-earnings ratio of -13.18 and a beta of 1.18. Lee Enterprises has a 52-week low of $7.56 and a 52-week high of $15.89.

Analyst Ratings Changes

Separately, StockNews.com downgraded Lee Enterprises from a “buy” rating to a “hold” rating in a report on Wednesday, February 14th.

Insider Activity at Lee Enterprises

In other Lee Enterprises news, major shareholder Digital Ltd Quint purchased 46,500 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was purchased at an average cost of $12.92 per share, with a total value of $600,780.00. Following the completion of the acquisition, the insider now directly owns 704,000 shares of the company’s stock, valued at approximately $9,095,680. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired 85,599 shares of company stock valued at $1,177,335 over the last three months. 11.40% of the stock is owned by corporate insiders.

About Lee Enterprises

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management.