E. W. Scripps (SSP) Scheduled to Post Earnings on Friday

E. W. Scripps (NYSE:SSP) will post its quarterly earnings results before the market opens on Friday, March 1st. Analysts expect E. W. Scripps to post earnings of $0.60 per share for the quarter.

Shares of E. W. Scripps stock opened at $19.75 on Friday. E. W. Scripps has a 52 week low of $10.69 and a 52 week high of $19.84.

In other news, major shareholder Mary Peirce bought 19,161 shares of the firm’s stock in a transaction that occurred on Wednesday, November 28th. The shares were purchased at an average price of $17.19 per share, with a total value of $329,377.59. Following the purchase, the insider now owns 429,932 shares in the company, valued at $7,390,531.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Charles E. Scripps bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 26th. The shares were purchased at an average cost of $17.11 per share, for a total transaction of $85,550.00. Following the purchase, the insider now owns 761,367 shares in the company, valued at approximately $13,026,989.37. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 536,356 shares of company stock worth $9,285,787. Corporate insiders own 4.16% of the company’s stock.

Several equities analysts have recently commented on the company. Zacks Investment Research lowered E. W. Scripps from a “buy” rating to a “hold” rating in a research note on Tuesday, February 5th. Wolfe Research assumed coverage on E. W. Scripps in a research note on Friday, December 7th. They issued a “market perform” rating on the stock. Gabelli assumed coverage on E. W. Scripps in a research note on Tuesday, November 27th. They issued a “buy” rating on the stock. Benchmark reaffirmed a “buy” rating and issued a $22.00 price target on shares of E. W. Scripps in a research note on Monday, November 12th. Finally, Noble Financial reaffirmed a “buy” rating on shares of E. W. Scripps in a research note on Wednesday, November 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. E. W. Scripps presently has an average rating of “Hold” and a consensus target price of $19.50.

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About E. W. Scripps

The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. Its Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations.

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Earnings History for E. W. Scripps (NYSE:SSP)

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