E.W. Scripps (SSP) to Release Earnings on Thursday

Key Points

• E.W. Scripps is set to announce its Q2 2025 earnings on August 7th, with analysts predicting a loss of ($0.04) per share and revenue of $544.17 million.
($0.18) EPS, outperforming estimates, and a revenue of $524.39 million.
• Wells Fargo & Company has increased their target price for E.W. Scripps from $2.80 to $4.00, while Wall Street Zen has downgraded the stock from "hold" to "sell".

E.W. Scripps (NASDAQ:SSP - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect E.W. Scripps to post earnings of ($0.04) per share and revenue of $544.17 million for the quarter.

E.W. Scripps (NASDAQ:SSP - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.18) EPS for the quarter, topping analysts' consensus estimates of ($0.23) by $0.05. The firm had revenue of $524.39 million for the quarter, compared to analyst estimates of $520.04 million. E.W. Scripps had a net margin of 5.71% and a return on equity of 17.81%. On average, analysts expect E.W. Scripps to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

E.W. Scripps Stock Down 3.0%

Shares of E.W. Scripps stock traded down $0.09 during trading on Friday, reaching $2.90. The company had a trading volume of 533,452 shares, compared to its average volume of 770,004. The company has a market cap of $254.36 million, a price-to-earnings ratio of 3.15 and a beta of 1.01. The firm's fifty day moving average is $2.98 and its 200-day moving average is $2.47. The company has a debt-to-equity ratio of 2.84, a quick ratio of 1.36 and a current ratio of 1.36. E.W. Scripps has a fifty-two week low of $1.36 and a fifty-two week high of $4.17.

Institutional Investors Weigh In On E.W. Scripps

A hedge fund recently raised its stake in E.W. Scripps stock. Empowered Funds LLC lifted its holdings in shares of E.W. Scripps Company (The) (NASDAQ:SSP - Free Report) by 8.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 316,113 shares of the company's stock after buying an additional 25,070 shares during the period. Empowered Funds LLC owned 0.36% of E.W. Scripps worth $936,000 at the end of the most recent reporting period. 67.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SSP has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of E.W. Scripps from a "hold" rating to a "sell" rating in a research note on Friday, July 18th. Wells Fargo & Company upped their target price on shares of E.W. Scripps from $2.80 to $4.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th.

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.