E.W. Scripps (NASDAQ:SSP – Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $724.04 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
E.W. Scripps Stock Down 1.1 %
Shares of E.W. Scripps stock opened at $1.77 on Tuesday. The firm’s 50 day moving average price is $2.07 and its 200-day moving average price is $2.16. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 3.41. E.W. Scripps has a 52-week low of $1.68 and a 52-week high of $5.12. The company has a market cap of $152.86 million, a P/E ratio of -0.57 and a beta of 1.44.
Analyst Ratings Changes
A number of research analysts have recently issued reports on SSP shares. Benchmark cut their price objective on shares of E.W. Scripps from $11.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. StockNews.com raised shares of E.W. Scripps from a “sell” rating to a “hold” rating in a research report on Monday, November 11th.
About E.W. Scripps
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.
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