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E.W. Scripps Slips To Loss In Q4
(RTTNews) - Media company E.W. Scripps Co. (SSP) reported Friday a net loss attributable to the shareholders for the fourth quarter of $268.34 million or $3.17 per share, compared to net income of $72.97 million or $0.84 per share in the prior-year quarter.
Operating revenue for the quarter declined 9.6 percent to $615.77 million from $680.94 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share on revenues of $602.0 million for the quarter. Analysts' estimates typically exclude special items.
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Malaysia Bourse May Give Up Support At 1,600 Points
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Canadian Dollar Advances Against Majors
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Swiss Market Ends Slightly Weak
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Major European Markets Close Weak; UK Market Outperforms
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Bay Street Likely To Open On Mixed Note
Canadian stocks may open on a mixed note on Wednesday, tracking commodity prices and quarterly earnings announcements. The mood is likely to remain cautious amid tariff concerns, and uncertainty about the outlook for interest rate cuts next week.
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