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

E.W. Scripps (NASDAQ:SSP - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Parties interested in listening to the company's conference call can do so using this link.

E.W. Scripps (NASDAQ:SSP - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.17). The business had revenue of $573.63 million during the quarter, compared to analyst estimates of $586.65 million. E.W. Scripps had a positive return on equity of 2.94% and a negative net margin of 11.06%. During the same period in the prior year, the firm posted ($0.09) EPS.

E.W. Scripps Price Performance

NASDAQ SSP traded up $0.04 on Thursday, hitting $3.36. 433,505 shares of the company were exchanged, compared to its average volume of 868,521. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 3.79. The company has a market cap of $288.93 million, a P/E ratio of -0.91 and a beta of 1.74. E.W. Scripps has a 1-year low of $1.68 and a 1-year high of $9.35. The firm has a 50 day moving average of $2.25 and a two-hundred day moving average of $2.77.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SSP. StockNews.com lowered shares of E.W. Scripps from a "hold" rating to a "sell" rating in a report on Thursday, August 15th. Benchmark lowered their target price on E.W. Scripps from $14.00 to $11.00 and set a "buy" rating for the company in a research note on Monday, August 12th.

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.