E.W. Scripps (SSP) Set to Announce Quarterly Earnings on Thursday

E.W. Scripps (NASDAQ:SSP) is set to announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

E.W. Scripps (NASDAQ:SSP) last issued its quarterly earnings results on Friday, February 23rd. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.48). The business had revenue of $615.77 million for the quarter, compared to analyst estimates of $593.00 million. E.W. Scripps had a positive return on equity of 1.81% and a negative net margin of 41.33%.

E.W. Scripps Price Performance

Shares of NASDAQ:SSP opened at $4.29 on Wednesday. The firm has a market cap of $363.88 million, a PE ratio of -0.36 and a beta of 1.90. The firm’s fifty day moving average is $3.81 and its 200-day moving average is $5.97. The company has a debt-to-equity ratio of 3.91, a quick ratio of 1.41 and a current ratio of 1.41. E.W. Scripps has a 52 week low of $2.93 and a 52 week high of $11.02.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company dropped their target price on shares of E.W. Scripps from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Friday, February 9th.

E.W. Scripps Company Profile

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.