The E.W. Scripps Company (SSP) Announces Quarterly Results
The E.W. Scripps Company (NYSE:SSP) issued its quarterly earnings data on Friday. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.10, Stock Ratings Network reports. The company had revenue of $212.00 million for the quarter, compared to the consensus estimate of $218.22 million.
The E.W. Scripps Company (NYSE:SSP) opened at 21.30 on Friday. The E.W. Scripps Company has a 52 week low of $13.74 and a 52 week high of $22.66. The stock has a 50-day moving average of $20.60 and a 200-day moving average of $18.94. The company has a market cap of $1.195 billion and a price-to-earnings ratio of 777.14.
On the ratings front, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The E.W. Scripps Company in a research note on Monday, May 12th. They now have a $19.00 price target on the stock, up previously from $18.00.
In other The E.W. Scripps Company news, SVP Adam Symson sold 10,566 shares of The E.W. Scripps Company stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $22.00, for a total value of $232,452.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
The E. W. Scripps Company, is a media enterprise with interests in television stations, newspapers, and digital local media sites.
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