E.W. Scripps (SSP) to Release Quarterly 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 projected to post 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 released its quarterly earnings results on Thursday, May 8th. The company reported ($0.18) EPS for the quarter, topping analysts' consensus estimates of ($0.23) by $0.05. E.W. Scripps had a return on equity of 17.81% and a net margin of 5.71%. The business had revenue of $524.39 million for the quarter, compared to analyst estimates of $520.04 million. 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 Price Performance

NASDAQ:SSP traded up $0.05 during mid-day trading on Monday, reaching $2.95. 136,469 shares of the company were exchanged, compared to its average volume of 985,654. E.W. Scripps has a 12 month low of $1.36 and a 12 month high of $4.17. The company has a fifty day moving average of $2.98 and a 200 day moving average of $2.48. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 2.84. The stock has a market cap of $258.31 million, a PE ratio of 3.20 and a beta of 1.01.

Institutional Inflows and Outflows

An institutional investor recently raised its position in E.W. Scripps stock. Empowered Funds LLC raised its holdings in shares of E.W. Scripps Company (The) (NASDAQ:SSP - Free Report) by 8.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 316,113 shares of the company's stock after purchasing an additional 25,070 shares during the period. Empowered Funds LLC owned 0.36% of E.W. Scripps worth $936,000 as of its most recent filing with the Securities and Exchange Commission. 67.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Wall Street Zen raised shares of E.W. Scripps from a "sell" rating to a "hold" rating in a report on Saturday. Wells Fargo & Company increased their price objective on shares of E.W. Scripps from $2.80 to $4.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 15th.

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.