Q3 EPS Estimates for E.W. Scripps Reduced by Noble Financial

E.W. Scripps Company (The) (NASDAQ:SSP) – Stock analysts at Noble Financial lowered their Q3 2026 earnings estimates for E.W. Scripps in a research report issued on Monday, August 10th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of ($0.08) per share for the quarter, down from their prior forecast of $0.24. The consensus estimate for E.W. Scripps’ current full-year earnings is $0.22 per share. Noble Financial also issued estimates for E.W. Scripps’ Q4 2026 earnings at $0.84 EPS and FY2026 earnings at ($0.29) EPS.

E.W. Scripps (NASDAQ:SSP) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.19. E.W. Scripps had a negative net margin of 58.02% and a negative return on equity of 3.84%. The company had revenue of $490.40 million for the quarter, compared to the consensus estimate of $511.65 million.

SSP has been the topic of a number of other reports. Wall Street Zen upgraded E.W. Scripps to a “hold” rating in a research report on Saturday, August 1st. Benchmark reduced their price objective on E.W. Scripps from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Wells Fargo & Company lowered their price objective on E.W. Scripps from $4.70 to $3.80 and set an “equal weight” rating for the company in a research note on Tuesday. Zacks Research raised E.W. Scripps from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of E.W. Scripps in a research note on Friday, May 29th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.90.

E.W. Scripps Price Performance

SSP opened at $3.31 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.34 and a debt-to-equity ratio of 24.77. The company’s 50-day moving average price is $3.02 and its 200 day moving average price is $3.57. E.W. Scripps has a fifty-two week low of $2.02 and a fifty-two week high of $5.39. The firm has a market cap of $303.00 million, a price-to-earnings ratio of -0.24 and a beta of 0.65.

Insider Transactions at E.W. Scripps

In other news, major shareholder Molly E. Mccabe sold 142,970 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $3.48, for a total value of $497,535.60. Following the completion of the transaction, the insider owned 123,523 shares of the company’s stock, valued at approximately $429,860.04. This represents a 53.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 326,675 shares of company stock worth $1,117,887. Insiders own 5.24% of the company’s stock.

Institutional Investors Weigh In On E.W. Scripps

Several institutional investors have recently bought and sold shares of SSP. Lee Danner & Bass Inc. bought a new position in shares of E.W. Scripps in the first quarter valued at approximately $5,273,000. Russell Investments Group Ltd. raised its holdings in E.W. Scripps by 886.8% during the third quarter. Russell Investments Group Ltd. now owns 1,280,898 shares of the company’s stock worth $3,151,000 after purchasing an additional 1,151,092 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in E.W. Scripps by 22.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,722,317 shares of the company’s stock worth $18,842,000 after purchasing an additional 871,159 shares in the last quarter. Sei Investments Co. raised its holdings in E.W. Scripps by 174.7% during the first quarter. Sei Investments Co. now owns 582,224 shares of the company’s stock worth $2,166,000 after purchasing an additional 370,260 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in E.W. Scripps by 82.5% in the fourth quarter. Federated Hermes Inc. now owns 815,751 shares of the company’s stock worth $3,255,000 after purchasing an additional 368,852 shares during the period. Institutional investors and hedge funds own 67.81% of the company’s stock.

About E.W. Scripps

The E.W. Scripps Company is a diversified U.S. media organization headquartered in Cincinnati, Ohio. Established in 1878 by Edward Willis Scripps, the company began as a newspaper publisher before expanding into broadcast television, cable networks and digital journalism. Today, Scripps combines a legacy of local news reporting with a growing portfolio of national cable channels and digital platforms.

Scripps operates more than 60 television stations across over 40 markets, delivering local news, weather, sports and entertainment programming to communities in both large and mid-sized U.S.