Q2 EPS Estimates for E.W. Scripps Boosted by Noble Financial

The E.W. Scripps Company (NASDAQ:SSP - Free Report) - Analysts at Noble Financial lifted their Q2 2025 earnings estimates for shares of E.W. Scripps in a research note issued to investors on Monday, May 12th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings per share of ($0.04) for the quarter, up from their previous estimate of ($0.07). 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' Q3 2025 earnings at ($0.12) EPS and FY2025 earnings at $0.12 EPS.

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, beating the consensus estimate of ($0.23) by $0.05. E.W. Scripps had a negative net margin of 8.55% and a positive return on equity of 9.40%. The company had revenue of $524.39 million during the quarter, compared to analysts' expectations of $520.04 million.

Separately, Benchmark increased their price target on shares of E.W. Scripps from $7.00 to $8.00 and gave the stock a "buy" rating in a research note on Thursday, March 13th.

E.W. Scripps Trading Up 2.4%

Shares of NASDAQ:SSP traded up $0.06 during midday trading on Wednesday, hitting $2.39. 314,690 shares of the stock traded hands, compared to its average volume of 904,759. The stock has a market capitalization of $206.78 million, a PE ratio of -0.77 and a beta of 1.01. The business's 50 day moving average is $2.49 and its two-hundred day moving average is $2.19. 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 one year low of $1.36 and a one year high of $4.06.

Institutional Investors Weigh In On E.W. Scripps

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Heron Bay Capital Management purchased a new stake in shares of E.W. Scripps during the fourth quarter valued at approximately $25,000. The Manufacturers Life Insurance Company purchased a new stake in E.W. Scripps in the fourth quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. raised its position in E.W. Scripps by 111.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,931 shares of the company's stock worth $26,000 after acquiring an additional 4,715 shares during the period. Public Employees Retirement System of Ohio bought a new position in E.W. Scripps in the fourth quarter worth approximately $29,000. Finally, WINTON GROUP Ltd bought a new position in E.W. Scripps in the fourth quarter worth approximately $30,000. Hedge funds and other 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.