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

E.W. Scripps (NASDAQ:SSP) is projected to announce its earnings results after the market closes on Tuesday, March 11th. Analysts expect E.W. Scripps to post earnings of $0.99 per share and revenue of $724.04 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

E.W. Scripps Trading Down 9.9 %

NASDAQ SSP opened at $1.46 on Tuesday. The company’s 50-day simple moving average is $2.04 and its two-hundred day simple moving average is $2.14. E.W. Scripps has a one year low of $1.43 and a one year high of $5.12. The company has a market capitalization of $126.09 million, a price-to-earnings ratio of -0.47 and a beta of 1.44. The company has a debt-to-equity ratio of 3.41, a quick ratio of 1.34 and a current ratio of 1.34.

Analyst Ratings Changes

A number of analysts have weighed in on SSP shares. StockNews.com upgraded E.W. Scripps from a “sell” rating to a “hold” rating in a report on Monday, November 11th. Benchmark reduced their price target on E.W. Scripps from $11.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.

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.