E. W. Scripps Company Class A (SSP)
NASDAQ:SSP
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Earnings Data
Report Date
Jul 31, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.51Last Year’s EPS
-0.6Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights meaningful operational progress: strong Local Media performance (core advertising +7%), substantial CTV growth (+26%), successful sports strategy and streaming launch, active asset monetization ($123M proceeds), and measurable debt reduction and leverage improvement to 3.9x. At the same time, Scripps Networks faces a significant near-term revenue and profit decline (Q1 networks down 9.5%; Q2 guide down ~10%) driven by macro weakness and a disruptive Nielsen methodology change, plus corporate cost pressures and remaining leverage. Management presented a credible transformation plan with clear EBITDA targets and disclosed paydown activity and liquidity actions. Overall, positive execution and balance-sheet progress offset material near-term network advertising headwinds, leaving the company positioned to improve results in the back half if markets and measurement normalize.Company Guidance
Improved Leverage and Balance Sheet Actions
Net leverage improved to 3.9x (per credit agreement). Paid down >$60M of term loans year-to-date (including $10.2M B-2, $20.4M B-3 and an additional ~$30M B-2 post-quarter). Entered agreement to extend revolver maturity to July 7, 2029 with $200M commitments.
Local Media Revenue Growth and Profitability
Local Media revenue $331M, up 5.8% year-over-year on an adjusted basis; core advertising grew 7% YoY. Local Media segment profit rose to $44M vs $32M in Q1 2025 (≈37.5% increase). Distribution revenue up ~2% same-station; Q1 expenses increased ~2.4% (flat ex-NHL deal).
Connected TV Momentum
Connected TV revenue grew 26% year-over-year in Q1, reflecting accelerating streaming monetization and CTV-focused ad tech improvements.
Sports Strategy and New Distribution
Launched Scripps Sports Network (premium free streaming channel) and expanded sports rights (multiple NHL deals including new Nashville Predators agreement, WNBA, NWSL, PWHL, MLV, PBR women's rodeo). Sports drove Local Media core ad strength and will fuel linear and CTV inventory.
Strategic Transactions and Affiliate Deal
Generated $123M gross proceeds from recent station sales (WFTX and WRTV) and recognized a $30M gain (including Court TV sale). Completed a new affiliation agreement with ABC covering 17 affiliates.
Transformation Plan with Clear EBITDA Targets
Company reaffirmed transformation to grow enterprise EBITDA by $125M–$150M. Expect in-year EBITDA impact of $20M–$30M and an annualized run rate of ~ $75M next year; estimated cost to achieve $40M–$50M.
Political Revenue Opportunity
Political advertising revenue nearly $9M in Q1 with expectations for a record midterm cycle given station footprint in key battleground states (AZ, CO, MI, NV, OH, WI).
Operational and Strategic Execution
Management highlighted progress moving from planning to execution on automation, AI and newsroom redesigns to reallocate resources, improve productivity, and support local reporting and revenue growth.
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 07, 2026 | $4.68 | $4.54 | -3.10% |
Feb 25, 2026 | $3.63 | $3.69 | +1.65% |
Sep 30, 2025 | $2.46 | $2.55 | +3.66% |
Aug 07, 2025 | $2.81 | $2.52 | -10.32% |
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 Jul 31, 2026, Before Open (Confirmed).
What is E. W. Scripps Company Class A (SSP) earnings time?
E. W. Scripps Company Class A (SSP) earnings time is at Jul 31, 2026, Before Open (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 2026 (Q2) is -0.51.