Lee Enterprises (LEE) Tops Q4 EPS by 2c

Lee Enterprises (NYSE: LEE) reported Q4 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $158.1 million versus the consensus estimate of $158.6 million.

• Total digital revenue, including subscription and TownNews, grew 23.9%.
• Digital ad revenue was up 5.1%, representing 21.6% of total advertising revenue in the quarter.
• Mobile advertising revenue, which is included in digital advertising, increased 10.6%.
• Digital services revenue, primarily TownNews, increased 11.3% to $3.3 million.

For earnings history and earnings-related data on Lee Enterprises (LEE) click here.

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