E W Scripps Q2 Adj EPS $(0.09) Beats $(0.11) Estimate, Sales $582.84M Beat $572.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
E W Scripps (NASDAQ:SSP) reported Q2 adjusted EPS of $(0.09), beating the estimate of $(0.11) by 18.18%. However, this is a 128.13% decrease from last year's earnings. The company's quarterly sales of $582.84M also beat the estimate of $572.50M by 1.81%, but this is a 1.96% decrease from last year's sales.
August 04, 2023 | 3:09 pm
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E W Scripps reported better than expected Q2 results but showed a decrease from last year's figures. This mixed result may lead to uncertain market reactions.
E W Scripps reported Q2 results that beat estimates, which is generally positive for the stock. However, the decrease from last year's figures may concern investors, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100