Shares of media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP)
fell 7.6% in the morning session after Shares of media company E.W. Scripps (NASDAQ:SSP) fell after the company reported second-quarter financial results that missed Wall Street's expectations for both revenue and earnings. The company reported revenue of $540.1 million, a 5.8% year-over-year decline that narrowly missed the $544.4 million analysts had anticipated. The earnings miss was more pronounced, with a reported GAAP loss of $0.59 per share, significantly worse than the consensus estimate of a $0.22 loss per share. This was also a steeper loss than the $0.15 per share loss from the same quarter last year. While the company did beat expectations for adjusted EBITDA and improved its operating margin, investors were likely focused on the top-line miss and the stark earnings shortfall. The results also came amid longer-term concerns, with analysts forecasting a revenue decline of 8.6% over the next 12 months.
Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP) missed Wall Street’s revenue expectations in Q2 CY2025, with sales falling 5.8% year on year to $540.1 million. Its GAAP loss of $0.59 per share was significantly below analysts’ consensus estimates.
Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP)
will be reporting results this Thursday afternoon. Here’s what to look for.
A number of stocks jumped in the morning session after markets rebounded following a sharp sell-off in the previous trading session as weaker-than-expected U.S. jobs data fueled investor hopes for a potential interest rate cut by the Federal Reserve.
A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
The performance of consumer discretionary businesses is closely linked to economic cycles. Over the past six months, it seems like demand trends are working against their favor as the industry
has tumbled by 4.4%. This drawdown was disappointing since the S&P 500 climbed 4.1%.
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales fell by 6.6% year on year to $524.4 million. Its GAAP loss of $0.22 per share was 15% above analysts’ consensus estimates.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at broadcasting stocks, starting with E.W. Scripps (NASDAQ:SSP).
Investors can certainly boost their returns by concentrating on stocks trading between $1 and $10.
However, a disciplined approach is necessary because many of these businesses are speculative and lack the underlying fundamentals to support their prices.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025.
