Market Overview

Recap: E W Scripps Q3 Earnings

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Shares of E W Scripps (NASDAQ:SSP) rose 3.6% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 381.48% over the past year to $0.76, which beat the estimate of $0.73.

Revenue of $493,262,000 up by 41.02% from the same period last year, which beat the estimate of $465,750,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Nov 06, 2020

Time: 09:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/p7wjm2q8

Recent Stock Performance

Company's 52-week high was at $16.93

Company's 52-week low was at $5.36

Price action over last quarter: down 5.14%

Company Description

The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, National Media and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 60 local broadcast stations and their related digital operations. Its National Media segment includes a collection of national brands.

 

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Posted-In: Earnings News