Streetbeat News

LEE

Lee Enterprises, Incorporated

Industry

Publishing

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers print and digital editions of daily, weekly, and monthly newspapers and publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management. In addition, the company offers integrated digital publishing and content management solutions for creating, distributing, and monetizing multimedia content for media publications, universities, television stations, and niche publications. Further, it provides commercial printing services; distributes third party publications; and operates a digital marketing agency. The company was founded in 1890 and is based in Davenport, Iowa.

Open

16.52

Mkt cap

100M

Volume

16K

High

16.66

P/E Ratio

-5.39

52-wk high

19.63

Low

15.88

Div yield

N/A

52-wk low

7.56

Insiders at Lee Enterprises, Heritage Global, and Issuer Direct have recently made significant stock purchases, indicating confidence in their companies' prospects. Lee Enterprises saw a 10% owner acquire shares at an average price of $12.92, Heritage Global's CEO bought shares at $2.75 each, and an Issuer Direct director purchased shares at $11.91 each. These insider trades suggest potential growth or undervaluation of these stocks.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 1:15 pm

Insiders have made notable purchases in shares of KalVista Pharmaceuticals, Post Holdings, Lee Enterprises, and Monro, indicating their confidence in these companies. KalVista Pharmaceuticals saw a significant purchase by 10% owner Nimish P Shah, while Post Holdings, Lee Enterprises, and Monro also experienced insider buying by directors and the CEO, respectively. These actions may signal a bullish outlook for these stocks.

Portfolio Pulse from Avi Kapoor

February 09, 2024 | 1:35 pm

Lee Enterprises reported a significant increase in its digital-only subscribers, totaling 735,000, marking a 30% year-over-year growth. Additionally, the company's revenue saw a 60% increase year-over-year in Q1 FY24.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:06 pm

Lee Enterprises (NASDAQ:LEE) reported Q1 earnings of $0.12 per share, surpassing the $(0.02) estimate, a 700% beat. However, sales of $155.68M fell short of the $165.90M estimate, a 6.16% miss, and marked a 15.91% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:04 pm

Numerous companies are scheduled to report their quarterly earnings on February 1, 2024, covering a wide range of industries from technology to healthcare. Notable mentions include Apple, Amazon, Meta Platforms, and Shell, with expectations set for both earnings per share and revenue. This diverse earnings report day will provide investors with significant insights into various sectors' performance.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 10:03 am

Lee Enterprises (NASDAQ:LEE) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with an estimated EPS of $-0.02. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, LEE's stock price has shown varied reactions to earnings reports, with a 4.96% increase after last quarter's miss. The stock is currently trading at $10.83, down 51.01% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:01 pm

Lee Enterprises Inc (NASDAQ:LEE) reported Q4 FY23 operating revenue of $164.0 million, below the consensus of $173.4 million. Digital revenue grew 14% Y/Y to $73 million, with digital-only subscription revenue up 68% Y/Y. Adjusted EBITDA was $30 million, and net loss was $(1) million. EPS of $(0.32) missed the consensus of $1.40. The company expects FY24 digital revenue of $310-$330 million and adjusted EBITDA of $83-$90 million. LEE shares dropped 8.42% to $9.90.

Portfolio Pulse from Lekha Gupta

December 07, 2023 | 4:15 pm

Lee Enterprises reported a Q4 EPS loss of $(0.32), significantly missing the analyst consensus estimate of $1.40. Sales were also below expectations at $164.01M, missing the $173.40M estimate and marking a 15.30% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:02 pm

Earnings reports are scheduled for December 7, 2023, for a variety of companies across different sectors. Notable reports include Lee Enterprises with expected earnings of $1.40 per share, Waterdrop at $0.02 per share, and DouYu Intl Hldgs at $0.03 per share. Urban One, Methode Electronics, SecureWorks, Ciena, Dollar General, Liquidity Services, Hooker Furnishings, GMS, and 36KR Holdings are also set to report before the bell. After the bell, earnings are expected from Applied DNA Sciences, Dynagas LNG Partners, Broadcom, Avid Bioservices, RH, Comtech Telecom, Delta Apparel, Guidewire Software, Cooper Companies, Smith & Wesson Brands, Torrid Holdings, Genasys, Lululemon Athletica, Planet Labs, DocuSign, Vail Resorts, Smartsheet, and HashiCorp.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 10:27 am

Lee Enterprises (NASDAQ:LEE) is scheduled to release its quarterly earnings report on Thursday, 2023-12-07, with an estimated EPS of $1.40. Investors are looking for an earnings beat and positive guidance for the next quarter. Last quarter, LEE missed the EPS estimate by $0.68, resulting in a 3.83% share price drop the following day. Over the past year, LEE shares have declined by 38.02%, and long-term shareholders may be concerned ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:02 pm

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