E W Scripps Co expected to post a loss of 17 cents a share - Earnings Preview

E W Scripps

08/05/2024 03:22

* E W Scripps Co  SSP.OQ   SSP.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Cincinnati Ohio-based  company is expected to report a
7.3% increase in revenue to $566.433 million from $527.78
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for E W Scripps Co is for a
loss
of 17 cents 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 had risen by
about 37.7%
in the last three months. ​
    * Wall Street's median 12-month price target for E W Scripps
Co is
$10.00​, above​ its last closing price of $4.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.07        0.15       -3.17     Missed  -2,241
                                                        .9
 Jan. 1 0001   -0.22       -0.22      -0.19     Beat    13.6
 Jun. 30 2023  -0.12       -0.12      -0.09     Beat    25​
 Mar. 31 2023  -0.38       -0.38      -0.37     Beat    1.6
 ​​Jan.        1.02        0.93       0.84      Missed  -9.2
 1 0001                                                 
 Sep. 30 2022  0.57        0.58       0.38      Missed  -34.9​
 Jun. 30 2022  0.37        0.37       0.45      Beat    22.3
 Mar. 31 2022  0.06        0.06       0.23      Beat    263.2
 This summary was machine generated May 8 at 02:22 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)