E.W. Scripps Co. (SSP) Misses Q4 EPS by 8c
E.W. Scripps Co. (NASDAQ: SSP) reported Q4 EPS of $0.84, $0.08 worse than the analyst estimate of $0.92. Revenue for the quarter came in at $681 million versus the consensus estimate of $690.72 million.
Looking aheadComparisons for our segments are to the same period in 2022.
First-quarter 2023 | ||
Local Media revenue | Down mid-single-digit percent range | |
Local Media expense | Flat | |
Scripps Networks revenue | Down high-single-digit percent range | |
Scripps Networks expense | Up high-single-digit percent range | |
Shared services and corporate | About $24 million |
Full-year 2023 | ||
Interest paid | Between $180-$190 million | |
Capital expenditures | Between $75-$85 million | |
Taxes paid | Between $40-$50 million | |
Depreciation and amortization | Between $155-$165 million |
For earnings history and earnings-related data on E.W. Scripps Co. (SSP) click here.