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

E.W. Scripps (NASDAQ:SSP) will release its earnings data after the market closes on Thursday, November 7th. Individual interested in participating in the company’s earnings conference call can do so using this link.

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

E.W. Scripps Trading Up 10.3 %

Shares of SSP stock opened at $3.32 on Thursday. E.W. Scripps has a twelve month low of $1.68 and a twelve month high of $9.35. The stock’s fifty day simple moving average is $2.25 and its 200 day simple moving average is $2.77. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 3.79. The firm has a market capitalization of $285.91 million, a P/E ratio of -0.91 and a beta of 1.74.

Analyst Ratings Changes

Several analysts have recently weighed in on SSP shares. StockNews.com cut E.W. Scripps from a “hold” rating to a “sell” rating in a report on Thursday, August 15th. Benchmark reduced their target price on shares of E.W. Scripps from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Monday, August 12th.

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.