Lee Enterprises (LEE) Misses Q3 EPS by 139c, provides outlook

Lee Enterprises (NASDAQ: LEE) reported Q3 EPS of ($0.73), $1.39 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $150.58 million versus the consensus estimate of $162.9 million.

2024 Fiscal Year Outlook (updated):

Total Digital Revenue $310 million (+13% YOY) - $330 million (+21% YOY)
Digital-only subscribers 771,000 (+7% YOY)
Adjusted EBITDA $73 million (-14% YOY) - $78 million (-8% YOY)

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

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