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E. W. Scripps Company Class A (SSP)
NASDAQ:SSP
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.21Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 0.39%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in margin improvement and debt refinancing, complemented by strong growth in connected TV and recognition for content quality. However, these positives were partially offset by declines in local media revenue and distribution, along with a flat revenue outlook for Scripps Networks. The overall sentiment reflects both achievements and challenges faced by the company.Company Guidance
During the First Quarter 2025 E.W. Scripps Company Earnings Conference Call, the company provided several key metrics and guidance for the upcoming periods. In Q1, the Local Media division saw a 7.8% revenue decline from the previous year, with core advertising revenue down 3% and local distribution revenue down 5%. Despite these challenges, the company reported a Local Media segment profit of $35 million, although this was down from $66 million in the election year of 2024. Looking ahead to Q2, the company expects Local Media division revenue to decrease in the high single-digit range, with core revenue down in the low single-digit range. The Scripps Networks division reported a Q1 revenue of $198 million, down 5% from the previous year, but with a notable 42% increase in Connected TV revenue. The division achieved a 6% expense reduction, leading to a network segment profit of $64 million, up from $49.7 million in the year-ago quarter. For Q2, Scripps Networks expects revenue to remain flat and expenses to decrease in the low double-digit range. The company also completed a refinancing transaction in April, retiring or extending the maturity of up to $1.5 billion of debt, which increased the blended cost of debt by less than 1%, positioning the company well through mid-2027. The company remains focused on debt and leverage reduction as their highest capital allocation priority.Successful Completion of Retransmission Negotiations
Completed retransmission negotiations covering 25% of legacy PayTV households, indicating strong progress in operational goals.
Improved Margins in Scripps Networks
Delivered 870 basis points of margin improvement in the Scripps Networks division, surpassing the expected range of 400 to 600 basis points.
Strong Connected TV Revenue Growth
Connected TV revenue increased by 42%, fueled by effective sales strategies and the popularity of sports content like the National Women's Soccer League.
Debt Refinancing and Reduction
Closed refinancing transactions and retired or extended maturity of $1.5 billion in debt, reducing leverage ratio to 4.9 times.
Recognition for News Teams
Scripps news teams received multiple prestigious journalism awards, including eight national Emmy nominations, highlighting the company's strength in content creation.
Growth in Women's Sports Programming
New broadcast partnerships with the WNBA's Las Vegas Aces and the introduction of new sports properties like the SI Women's Games emphasize strong cultural connections and growth in sports programming.
SSP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SSP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $2.59 | $2.32 | -10.42% |
Mar 11, 2025 | $1.43 | $2.05 | +43.36% |
Nov 04, 2024 | $3.52 | $2.27 | -35.51% |
Aug 08, 2024 | $2.96 | $2.37 | -19.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does E. W. Scripps Company Class A (SSP) report earnings?
E. W. Scripps Company Class A (SSP) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is E. W. Scripps Company Class A (SSP) earnings time?
E. W. Scripps Company Class A (SSP) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SSP EPS forecast?
SSP EPS forecast for the fiscal quarter 2025 (Q2) is -0.21.