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E.W. Scripps Co. (SSP) Tops Q4 EPS by 4c

February 24, 2017 7:31 AM

E.W. Scripps Co. (NYSE: SSP) reported Q4 EPS of $0.46, $0.04 better than the analyst estimate of $0.42. Revenue for the quarter came in at $273 million versus the consensus estimate of $269.93 million.

For the quarter, net income from continuing operations was $38.3 million or 46 cents per share. In the prior-year period, the net loss from continuing operations was $21.1 million or 25 cents per share, including a non-cash settlement charge of $45.7 million and Journal-related transaction and acquisition integration costs of $1 million. As previously reported, excluding these charges, income from continuing operations would have been $7.8 million or 9 cents per share.

For the quarter, total revenue was $273 million compared to $205 million the prior year.

For earnings history and earnings-related data on E.W. Scripps Co. (SSP) click here.

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