E.W. Scripps (NASDAQ:SSP – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect E.W. Scripps to post earnings of $0.02 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
E.W. Scripps (NASDAQ:SSP – Get Free Report) last issued its quarterly earnings data on Thursday, May 9th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04). E.W. Scripps had a positive return on equity of 3.17% and a negative net margin of 39.87%. The business had revenue of $561.46 million during the quarter, compared to analysts’ expectations of $571.01 million. On average, analysts expect E.W. Scripps to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
E.W. Scripps Trading Down 8.5 %
NASDAQ SSP opened at $2.92 on Tuesday. The company has a market capitalization of $249.34 million, a price-to-earnings ratio of -0.25 and a beta of 1.79. The stock’s 50-day simple moving average is $2.91 and its two-hundred day simple moving average is $4.03. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 3.82. E.W. Scripps has a twelve month low of $1.96 and a twelve month high of $11.02.
Analyst Ratings Changes
Several research firms have recently issued reports on SSP. Benchmark reiterated a “buy” rating and set a $14.00 target price on shares of E.W. Scripps in a report on Monday, May 13th. StockNews.com raised shares of E.W. Scripps from a “sell” rating to a “hold” rating in a research report on Friday, May 17th. Finally, Wells Fargo & Company cut their price objective on shares of E.W. Scripps from $6.00 to $4.50 and set an “equal weight” rating on the stock in a report on Monday, May 13th.
Get Our Latest Report on E.W. Scripps
About E.W. Scripps
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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