Lee Enterprises (LEE) Reports Q1 EPS of $0.16

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Lee Enterprises reports first fiscal quarter earnings

February 2, 2017 6:45 AM EST

DAVENPORT, Iowa, Feb. 02, 2017 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 49 markets, today reported earnings(1) of $12.4 million for its first fiscal quarter ended December 25, 2016, or 22 cents per diluted common share. Earnings totaled $11.5 million, or 21 cents per diluted common share, the same quarter a year ago. The analysis of first quarter results is presented on a same property basis unless otherwise noted(2).

"We continue to aggressively grow digital revenue and transform the business in a challenging print advertising environment," said Kevin Mowbray, president and... More