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

E.W. Scripps (NASDAQ:SSP) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Persons that are 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 data on Thursday, August 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.17). E.W. Scripps had a negative net margin of 11.06% and a positive return on equity of 2.94%. The business had revenue of $573.63 million during the quarter, compared to analysts’ expectations of $586.65 million. During the same period last year, the company posted ($0.09) EPS.

E.W. Scripps Price Performance

Shares of E.W. Scripps stock opened at $3.52 on Friday. E.W. Scripps has a 52-week low of $1.68 and a 52-week high of $9.35. The stock has a market capitalization of $303.14 million, a price-to-earnings ratio of -0.96 and a beta of 1.74. The company has a fifty day moving average of $2.30 and a 200-day moving average of $2.78. The company has a debt-to-equity ratio of 3.79, a quick ratio of 1.50 and a current ratio of 1.50.

Analysts Set New Price Targets

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

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.