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

E.W. Scripps (NASDAQ:SSP) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 4th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

E.W. Scripps (NASDAQ:SSP) last announced its earnings results on Thursday, August 8th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.17). The firm had revenue of $573.63 million for the quarter, compared to the consensus estimate of $586.65 million. E.W. Scripps had a positive return on equity of 2.94% and a negative net margin of 11.06%. During the same quarter last year, the business posted ($0.09) EPS.

E.W. Scripps Stock Performance

SSP opened at $3.52 on Friday. The company has a debt-to-equity ratio of 3.79, a current ratio of 1.50 and a quick ratio of 1.50. The business has a fifty day simple moving average of $2.30 and a 200 day simple moving average of $2.78. E.W. Scripps has a 1 year low of $1.68 and a 1 year high of $9.35. The company has a market capitalization of $303.14 million, a PE ratio of -0.96 and a beta of 1.66.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SSP shares. Benchmark reduced their target price on shares of E.W. Scripps from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, August 12th. StockNews.com downgraded shares of E.W. Scripps from a “hold” rating to a “sell” rating in a report on Thursday, August 15th.

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.