The E.W. Scripps Company has followed the lead of industry peer Gray Television by deciding to schedule its Q4 2023 operating results on the fourth Friday of February.
The broadcast TV station owner, which trades as “SSP” on Nasdaq, said Thursday that it will report its Q4 2023 operating results before trading begins on Friday, Feb. 23. A call with the company’s senior management team, including CEO Adam Symson and local media head Dean Littleton, as well as Scripps Sports head Brian Lawlor, will take place at 8:30am Eastern.
Scripps shares are considered to be undervalued by analysts on Wall Street, who peg the company’s Q4 ’23 earnings per share to come in at $0.11. However, that consensus estimate from 4 analysts polled by Yahoo! Finance is based on wide variations, as the high estimate is $0.46 per share while the low estimate is for a loss, coming in at -$0.11.
Six analysts chimed in on Scripps’ Q4 revenue. The consensus estimate is $602.33 million.