E.W. Scripps Co. (SSP) Tops Q4 EPS by 4c

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Go back to E.W. Scripps Co. (SSP) Tops Q4 EPS by 4c

Scripps reports fourth-quarter 2016 results

February 24, 2017 7:30 AM EST

CINCINNATI, Feb. 24, 2017 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) today reported operating results for the fourth quarter of 2016.

For the quarter, net income from continuing operations was $38.3 million or 46 cents per share. In the prior-year period, the net loss from continuing operations was $21.1 million or 25 cents per share, including a non-cash settlement charge of $45.7 million and Journal-related transaction and acquisition integration costs of $1 million. As previously reported, excluding these charges, income from continuing operations would have been $7.8 million or 9 cents per share.

For the quarter, total revenue was... More