E W Scripps Co expected to post a loss of 1 cent a share - Earnings Preview

E W Scripps

07/08/2024 02:29

* E W Scripps Co  SSP.OQ   SSP.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Cincinnati Ohio-based  company is expected to report a
0.5% increase in revenue to $585.811 million from $582.84
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for E W Scripps Co is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for E W Scripps
Co is
$9.25​, above​ its last closing price of $3.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.32       -0.31      -0.15     Beat    51.6
 Dec. 31 2024  0.07        0.15       -3.17     Missed  -2,241
                                                        .9
 Sep. 30 2023  -0.22       -0.22      -0.19     Beat    13.6​
 Jun. 30 2023  -0.12       -0.12      -0.09     Beat    25
 ​​Mar.        -0.38       -0.38      -0.37     Beat    1.6
 31 2023                                                
 Dec. 31 2022  1.02        0.93       0.84      Missed  -9.2​
 Sep. 30 2022  0.57        0.58       0.38      Missed  -34.9
 Jun. 30 2022  0.37        0.37       0.45      Beat    22.3
 This summary was machine generated August 7 at 01:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)