E.W. Scripps Co. (SSP) Misses Q4 EPS by 8c

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Get Alerts SSP Hot Sheet

Price: $2.81 --0%

Revenue Growth %: -3.7%

Financial Fact:
Income from discontinued operations: 0

Today's EPS Names:
DTGI, CRMT, MAYS, More

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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.

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