E. W. Scripps

The E.W. Scripps Co. engages in the television and newspaper publishing. It operates through the following business segments: Local Media, National Media, and Other. The Local Media segment comprises local broadcast television stations and their related digital operations. The National Media segment consists of national media businesses including over-the-air broadcast networks, Katz, podcast business, Midroll, next generation national news network, Newsy, and other national brands. The company was founded by Edward Willis Scripps in 1878 and is headquartered in Cincinnati, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

E.W. Scripps reports strong Q4 earnings amidst ad market challenges

E.W. Scripps Company delivered a robust performance in Q4 2022, driven by strong revenue growth and profit margins, despite challenges in national advertising and upcoming revenue declines.
The company's strategic focus on live sports, news content, and cost-saving reorganization positions it well for future growth and negotiations in the evolving media landscape.
Analysts' inquiries into cost savings breakdown, advertising trends, and distribution strategies reflect a mix of challenges and opportunities that Scripps is navigating to drive shareholder value and revenue growth.

E.W. Scripps reports resilient Q1 results amidst economic challenges

E.W. Scripps focuses on financial discipline, strategic growth, and creating a more efficient business despite economic challenges. Strong performance in certain advertising categories and partnerships with sports teams for full distribution and monetization. Revised guidance for 2023 and expectations of significant opportunities in ATSC 3.0 transition.

Scripps reports strong Q2 results, eyes growth amidst industry challenges

Scripps demonstrated resilience in Q2 amidst industry challenges, focusing on debt reduction and cost savings while strategically positioning for long-term value creation.
Despite revenue declines in Q2, the company's strong performance in segment profits and adaptability to market dynamics showcase its strategic agility.
Opportunities in the auto industry, connected TV platforms, and potential benefits from the Hollywood strike position Scripps for future growth and cost efficiencies.

E.W. Scripps Q3 Earnings Beat Expectations, Eyes Growth Opportunities

E.W. Scripps Company's Q3 performance was strong, driven by local ad sales and Connected TV revenue growth. Despite challenges in advertising and TV station costs, Scripps is focused on leveraging opportunities in sports rights deals, political ad revenue, and debt reduction.

E.W. Scripps beats Q4 expectations, eyes growth amidst challenges

E.W. Scripps showcased strong performance in Q4 2023, exceeding free cash flow expectations and driving revenue growth in key segments.
While facing challenges such as projected losses and shareholder-attributed losses, the company remains focused on cost savings and debt reduction.
Opportunities lie in leveraging advertising momentum, growth in Connected TV revenue, and strategic financial maneuvers to navigate the evolving media landscape.

E.W. Scripps achieves record political revenue amidst market challenges

E.W. Scripps reported strong performance in political advertising revenue and local media division, while facing challenges in the Networks division and auto advertising.
The company's strategic strengths lie in leveraging live sports partnerships, debt reduction plans, and promoting over-the-air TV for revenue growth.
Opportunities exist in optimizing resource allocation, capitalizing on over-the-air TV growth, focusing on local dealers, and maintaining confidence in political revenue outlook.
Scripps needs to address challenges in the Networks division, CTV dynamics, and auto advertising decline while capitalizing on growth opportunities for sustained performance.

E. W. Scripps (SSP) reports record political ad revenue and aggressive debt reduction strategy

E. W. Scripps (SSP) delivered a strong performance in Q3 2024, driven by record political ad revenue and successful debt reduction efforts. While facing challenges in certain divisions, the company is strategically focused on margin expansion and operational efficiencies. Scripps is well-positioned to capitalize on opportunities for further financial improvement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The E.W. Scripps Co. engages in television and newspaper publishing. It operates through the following business segments: Local Media, Scripps Networks, and Other. The Local Media segment consists of local broadcast television stations and their related digital operations. The Scripps Networks segment consists of national television networks. The company was founded in 1878 and is headquartered in Cincinnati, OH.

All Credit Union Branches Accepting Book Donations for San Diego Elementary School Students SAN DIEGO , Aug. 1, 2024 /PRNewswire/ -- North Island Credit Union has launched a book drive to help ensure children in low-income households have access to books outside the classroom. In the third year of the partnership, the book drive is being conducted with the Scripps Howard Fund and ABC 10News as part of its "If You Give a Child a Book.

North Island Credit Union Launches Book Drive To Promote Childhood Literacy in Local Title 1 Schools

CINCINNATI , July 19, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has not been significantly affected by the global IT outage that struck overnight.

Scripps' business not significantly affected by global IT outage

CINCINNATI , July 12, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report second-quarter 2024 operating results after the markets close on Thursday, Aug. 8.

Scripps to report second-quarter 2024 operating results on Aug. 8

PHOENIX , July 11, 2024 /PRNewswire/ -- The Society of Professional Journalists has awarded KNXV-ABC15, the Phoenix-based local television station owned by The E.W. Scripps Company (NASDAQ: SSP), with a national 2023 Sigma Delta Chi Award for excellence in journalism.

KNXV-ABC15 honored with Sigma Delta Chi Award from Society of Professional Journalists

The Florida Panthers — the NHL Stanley Cup champions — are the latest team to leave behind their cable TV regional sports network for a broadcast network home, striking a deal with E.W. Scripps. The Panthers originally aired their regular season games on Bally Sports Florida, a network owned by Diamond Sports Group, which has been under bankruptcy protection for the last year.

Florida Panthers games are moving from cable to local broadcast stations

SUNRISE, Fla. and CINCINNATI, Ohio , July 2, 2024 /PRNewswire/ -- The Stanley Cup champion Florida Panthers have signed a multi-year agreement with Scripps Sports to locally broadcast Panthers hockey free for residents of Miami/Fort Lauderdale, West Palm Beach and Fort Myers.

Florida Panthers, Scripps Sports partner on multi-year agreement to air National Hockey League team's games

ATLANTA , June 14, 2024 /PRNewswire/ -- The newest Bounce TV original series "Mind Your Business" handled its business beautifully in its debut as its first two episodes reached more than 2 million households over the course of premiere weekend telecasts – an all-time high for a Bounce original series. The first two episodes of "Mind Your Business" premiered back-to-back on Bounce on Saturday, June 1, from 8-9 p.m.

'Mind Your Business' reaches more than 2 million HHs, becomes Bounce TV's most-watched original series premiere

Second Installment of Emmy®-Nominated Broadcast Series to Address Ageism in the Workplace LOS ANGELES , June 13, 2024 /PRNewswire/ -- WorkingNation, a leading nonprofit media organization focused on issues impacting workers and employment in the U.S., is partnering with Scripps News, the national network owned by The E.W. Scripps Company, to drive awareness of and action to address ageism in the workplace.

WorkingNation Partners with Scripps News to Release "Breaking Barriers: Embracing Age in the Workforce" Special on June 21

E.W. Scripps (SSP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -34.35% in 4 Weeks, Here's Why You Should You Buy the Dip in E.W. Scripps (SSP)

CINCINNATI , June 3, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has hired Charlie Grisham as the vice president and general manager for WRTV, the Scripps-owned ABC affiliate in Indianapolis, effective June 10.

Scripps hires veteran Midwest station leader as VP and general manager of WRTV in Indianapolis

E.W. Scripps (SSP) possesses solid growth attributes, which could help it handily outperform the market.

E.W. Scripps (SSP) is an Incredible Growth Stock: 3 Reasons Why

ATLANTA , May 30, 2024 /PRNewswire/ -- The new Bounce TV original series "Mind Your Business" debuts this Saturday June 1 with the first two episodes back-to-back starting at 8 p.m. ET/7 p.m. CT.

New Bounce TV comedy series 'Mind Your Business' premieres Saturday, June 1, at 8 p.m. ET

CINCINNATI , May 22, 2024 /PRNewswire/ -- Robin Davis is the new senior vice president, chief distribution officer for The E.W. Scripps Company (NASDAQ: SSP), effective immediately.

Robin Davis named senior VP, chief distribution officer for Scripps

Gray TV

Netflix

Radio and television broadcast companies like NFLX, GTN and SSP benefit from higher content consumption and steady digital viewing despite intense competition for ad revenues.

3 Broadcast Radio & TV Stocks to Buy From a Prospering Industry

3 Reasons Why Growth Investors Shouldn't Overlook E.W. Scripps (SSP)

ATLANTA , May 17, 2024 /PRNewswire/ -- Scripps News has been honored with two national journalism awards for its investigation about the plight of Ukrainian orphans abducted and sent to Russia amid the war. "Scripps News Investigates: Ukraine's Stolen Orphans" won a Deadline Club Award and a New York Press Club Award.

Scripps News reporting on Ukrainian orphans receives two national journalism awards

CINCINNATI , May 14, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has promoted Jeff Kiernan – a veteran journalist and general manager of Scripps' Las Vegas stations – to its news leadership team in the new role of vice president of local news, effective June 10.

Scripps adds to news leadership team with hire of VP, local news

The E.W. Scripps Company (NASDAQ:SSP ) Q1 2024 Earnings Conference Call May 10, 2024 9:30 AM ET Company Participants Carolyn Micheli – Head-Investor Relations Jason Combs – Chief Financial Officer Adam Symson – President and Chief Executive Officer Lisa Knutson – Chief Operating Officer Conference Call Participants Dan Kurnos – Benchmark Steven Cahall – Wells Fargo Michael Kupinski – NOBLE Capital Markets Craig Huber – Huber Research Partners Operator Thank you, everyone, for standing by and welcome to the Scripps Q1 Earnings Conference Call. Now at this time, all participants are in a listen-only mode.

The E.W. Scripps Company (SSP) Q1 2024 Earnings Call Transcript

E.W. Scripps (SSP) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.17 per share a year ago.

E.W. Scripps (SSP) Reports Q1 Loss, Misses Revenue Estimates

NASHVILLE, Tenn. , May 9, 2024 /PRNewswire/ -- WTVF, a Nashville-based local television station owned by The E.W.

WTVF Nashville's investigation into Tennessee mayoral candidate wins prestigious Peabody Award

CINCINNATI , May 9, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) delivered $561 million in revenue for the first quarter of 2024.

Scripps reports Q1 2024 financial results

CINCINNATI , May 7, 2024 /PRNewswire/ -- Meredith Delaney has been appointed president and CEO of the Scripps Howard Fund, the philanthropic arm of The E.W. Scripps Company (NASDAQ: SSP), effective May 8.

Scripps appoints new president and CEO of the Scripps Howard Fund

CINCINNATI , April 29, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) is adding Seth Walters – a media executive with more than a decade of streaming TV experience – to its sales leadership team as head of CTV sales, effective April 29.

Scripps appoints Seth Walters to steer connected TV sales strategy

EW Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.

EW Scripps exploring sale of Black-culture broadcast network Bounce TV

CINCINNATI , April 18, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report first-quarter 2024 operating results after the markets close on Thursday, May 9.

News for E. W. Scripps Stock (SSP)