Q3 EPS Estimates for E.W. Scripps Lowered by Noble Financial

Key Points

• Noble Financial has revised down its Q3 2025 earnings per share estimate for E.W. Scripps from ($0.12) to ($0.16).
• E.W. Scripps reported Q2 earnings of ($0.12) per share, missing analyst expectations, and its revenue also fell short of projections at $540.08 million.
• Wells Fargo & Company set a target price of $3.00 for E.W. Scripps stock and downgraded it to an "equal weight" rating.

E.W. Scripps Company (The) (NASDAQ:SSP - Free Report) - Noble Financial dropped their Q3 2025 EPS estimates for shares of E.W. Scripps in a report released on Monday, August 11th. Noble Financial analyst M. Kupinski now expects that the company will post earnings of ($0.16) per share for the quarter, down from their prior forecast of ($0.12). The consensus estimate for E.W. Scripps' current full-year earnings is $1.07 per share. Noble Financial also issued estimates for E.W. Scripps' FY2025 earnings at $0.01 EPS.

A number of other brokerages have also recently issued reports on SSP. Wall Street Zen cut shares of E.W. Scripps from a "hold" rating to a "sell" rating in a research report on Sunday, August 10th. Wells Fargo & Company set a $3.00 target price on E.W. Scripps and gave the stock an "equal weight" rating in a report on Monday, August 11th.

E.W. Scripps Trading Down 2.0%

E.W. Scripps stock traded down $0.06 during midday trading on Wednesday, hitting $2.92. 819,143 shares of the stock were exchanged, compared to its average volume of 815,151. The company has a quick ratio of 1.36, a current ratio of 1.27 and a debt-to-equity ratio of 2.92. The stock has a market capitalization of $256.11 million, a PE ratio of 6.08 and a beta of 1.01. The company has a fifty day simple moving average of $3.11 and a two-hundred day simple moving average of $2.53. E.W. Scripps has a 52 week low of $1.36 and a 52 week high of $4.17.

E.W. Scripps (NASDAQ:SSP - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The firm had revenue of $540.08 million for the quarter, compared to the consensus estimate of $544.17 million. E.W. Scripps had a return on equity of 17.68% and a net margin of 4.25%.

Institutional Trading of E.W. Scripps

Several institutional investors and hedge funds have recently added to or reduced their stakes in SSP. Wittenberg Investment Management Inc. grew its stake in E.W. Scripps by 2.5% during the 2nd quarter. Wittenberg Investment Management Inc. now owns 2,087,724 shares of the company's stock valued at $6,138,000 after purchasing an additional 51,710 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of E.W. Scripps by 155.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,926,461 shares of the company's stock valued at $5,702,000 after purchasing an additional 1,171,102 shares during the last quarter. Millennium Management LLC raised its position in E.W. Scripps by 7.7% in the fourth quarter. Millennium Management LLC now owns 1,724,192 shares of the company's stock valued at $3,810,000 after purchasing an additional 123,663 shares during the period. Geode Capital Management LLC raised its position in E.W. Scripps by 0.7% in the second quarter. Geode Capital Management LLC now owns 1,516,298 shares of the company's stock valued at $4,459,000 after purchasing an additional 10,957 shares during the period. Finally, Penn Capital Management Company LLC grew its stake in shares of E.W. Scripps by 10.0% in the first quarter. Penn Capital Management Company LLC now owns 1,423,427 shares of the company's stock valued at $4,218,000 after buying an additional 129,884 shares in the last quarter. Institutional investors own 67.81% of the company's stock.

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.