E.W. Scripps Co. (SSP) Tops Q3 EPS by 3c
E.W. Scripps Co. (NASDAQ: SSP) reported Q3 EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $303 million versus the consensus estimate of $293.09 million.
Looking aheadComparisons are to the same periods of 2017.
Fourth-quarter 2018 | |
Local Media revenue | Up mid to high 30 percent range |
Retransmission revenue | Consistent with third-quarter 2018 |
Local Media expense | Up mid-single digits |
National Media revenue | Low to mid $70 million range |
National Media expense | High $60 million range |
Shared services and | |
Corporate | About $14 million |
Interest expense | Consistent with prior quarters |
Pension expense | About $13 million, including a non-cash settlement charge of $10-$12 million |
Capex | Mid single digits |
Depreciation & amortization | Consistent with prior quarters |
For earnings history and earnings-related data on E.W. Scripps Co. (SSP) click here.