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

E.W. Scripps (NASDAQ:SSPGet Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

E.W. Scripps (NASDAQ:SSPGet Free Report) last posted its quarterly earnings data 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). The firm had revenue of $615.77 million for the quarter, compared to the consensus estimate of $593.00 million. E.W. Scripps had a negative net margin of 41.33% and a positive return on equity of 1.81%.

E.W. Scripps Trading Down 3.5 %

NASDAQ SSP opened at $4.29 on Wednesday. The company’s 50-day moving average price is $3.81 and its 200-day moving average price is $5.97. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 3.91. The stock has a market cap of $363.88 million, a PE ratio of -0.36 and a beta of 1.90. E.W. Scripps has a 12 month low of $2.93 and a 12 month high of $11.02.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on SSP

E.W. Scripps Company Profile

(Get Free Report)

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.

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Earnings History for E.W. Scripps (NASDAQ:SSP)

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