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Stock impact report

The E W Scripps Co (SSP) Q3 2024 Earnings Call Highlights: Record Political Ad Revenue and ... [Yahoo! Finance]

E.W. Scripps Company (The) - Class A (SSP) 
Last e.w. scripps company (the) - class a earnings: 11/8 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Third Quarter Company Revenue: Driven by record political ad spending. Leverage Ratio: Reduced from 6 times at the end of Q2 to 5.1 times at the end of Q3. Local Media Division Revenue: Up 26% from the year-ago period. Third Quarter Political Advertising Revenue: $125 million. Local Core Advertising Revenue: Down about 9% from the prior year period. Local Media Segment Profit: $161 million, more than double the year-ago period. Scripps Networks Revenue: $202 million, down 6% from the year-ago quarter. Network Segment Profit: $42 million. Third Quarter Loss (Other Segment): $7.7 million. Shared Services and Corporate Expenses: $21 million for Q3. Income Attributable to Shareholders: $33 million or $0.37 per share. Debt Payment: Paid down $115 million in debt in the third quarter. Net Debt at Quarter End: $2.7 billion. Cash and Cash Equivalents: $35 million as of September 30, 2024. Expected Debt Pay Down by Year End: Nearly $300 million. Connected TV Upfr Show less Read more
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