E W Scripps Co reports results for the quarter ended March 31 - Earnings Summary

• E W Scripps Co SSP.OQ reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of five analysts for the quarter was for a loss of 36 cents per share. Wall Street expected results to range from -48 cents to -21 cents per share.

• Revenue fell 6.6% to $524.39 million from a year ago; analysts expected $520.04 million.

• E W Scripps Co's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $18.84 million.

• E W Scripps Co shares had fallen by 19.3% this quarter and gained 8.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the broadcasting peer group is also "hold"

• Wall Street's median 12-month price target for E W Scripps Co is $5.40

This summary was machine generated from LSEG data May 8 at 11:20 p.m. UTC. ​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)