E W Scripps Co expected to post earnings of 15 cents a share - Earnings Preview

E W Scripps

21/02/2024 14:18

* E W Scripps Co  SSP.OQ   SSP.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 23 for
the period ending December 31 2023
    * The Cincinnati Ohio-based  company is expected to report a
11.6% decrease in revenue to $601.996 million from $680.94
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for E W Scripps Co is for
earnings
of 15 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
$10.50​, above​ its last closing price of $5.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -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​
 Dec. 31 2022              0.93                         
 ​​Sep.        0.57        0.58       0.38      Missed  -34.9
 30 2022                                                
 Jun. 30 2022  0.37        0.37       0.45      Beat    22.3​
 Mar. 31 2022  0.06        0.06       0.23      Beat    263.2
 Dec. 31 2021  0.56        0.55       0.70      Beat    28
 This summary was machine generated February 21 at 14:18 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)