E W Scripps Co reports results for the quarter ended June 30 - Earnings Summary

• E W Scripps Co SSP.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended June 30, higher 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 21 cents per share. Wall Street expected results to range from -34 cents to -15 cents per share.

• Revenue fell 5.8% to $540.08 million from a year ago; analysts expected $544.58 million.

• E W Scripps Co's reported EPS for the quarter was a loss of 59 cents​.

• The company reported a quarterly loss of $51.68 million.

• E W Scripps Co shares had risen by 6.8% this quarter and gained 42.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% 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 $6.00, about 53.2% above its last closing price of $2.81

This summary was machine generated from LSEG data August 8 at 04:35 a.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)