The E.W. Scripps Company (NASDAQ:SSP) 3Q19 Figures Slip To Loss

Share on Stocktwits

The E.W. Scripps Company (NASDAQ:SSP) The Cincinnati based company, published third quarter earnings before market open today.

The company revealed loss of $ 21.76 million or $ 0.27 per share, compared with income of $ 20.04 million or $ 0.24 per share, a year ago period.

Topline results for the third quarter gained 14.88 percent to $ 347.78 million from $ 302.73 million in the same quarter last year

The consensus estimates are loss of $ 0.12 per share from $ 342.78 million in revenue.

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

Scripps President and CEO Adam Symson said: The third quarter marked the eighth consecutive reporting period in which Scripps has delivered financial results across the company that met or beat expectations, further evidence we are committed to executing our plan to deliver on our operating results while fueling long-term value creation.

Follow Us on StockTwits