Lee Enterprises (LEE) Reports Q1 EPS of $0.18, Revenues Miss

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Lee Enterprises reports double digit digital growth; Q1 FY2019 results

February 7, 2019 7:00 AM EST

DAVENPORT, Iowa, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NYSE: LEE), a leading provider of high quality, trusted, local news, information and a major platform for advertising in 49 markets, today reported earnings(1) of $10.7 million for its first fiscal quarter ended December 30, 2018, or 18 cents per diluted common share. For the same quarter a year ago, earnings totaled $34.6 million, or 61 cents per diluted common share. Adjusted for the impact of the 2017 Tax Act as well as the warrants, adjusted earnings per diluted common share totaled 18 cents in the current year quarter compared to 18 cents in... More