NASDAQ$SSP
The EW Scripps Company · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Scripps met revenue expectations, driven by growth in both Local and National Media divisions, and benefited from recent acquisitions.
The E.W. Scripps Company reported Q4 2019 operating results with total revenue of $444 million, a 21% increase compared to Q4 2018. Income from continuing operations attributable to Scripps was $10.7 million, or 13 cents per share.
- Scripps has delivered financial results that have met or exceeded expectations for the last nine consecutive quarters.
- Scripps completed strategic television station acquisitions that position it as the fourth-largest independent local broadcaster.
- Local Media division core advertising revenue, on an adjusted combined basis, rose nearly 5% in the fourth quarter over Q4 2018.
- National Media division revenue neared the $400 million threshold for 2019 as it builds to well over $500 million in revenue in 2021.
Headline financials
Revenue & EPS history
Scripps · Revenue · Quarterly
$444M
Revenue by segment
Scripps · $331M total across 2 segments · Q4 2019
- Local Media$330M—99.7%
- Other$1.01M—0.3%
Forward guidance
Scripps provided financial guidance for Q1 2020, with comparisons to the same periods of 2019.
Tailwinds
- Local Media revenue (pro forma) Up low teens
- National Media revenue Between $105-$110 million
Headwinds
- Local Media expense (pro forma) Up low teens
- National Media expense About $100 million
- Shared services and corporate About $19 million
- Interest expense About $25 million
- Pension expense About $3 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
-1.7%
Avg return
Earnings day
-2.4%
Avg return
5 days after
-2.9%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+43.4%
Q4 2024
Best reaction
-34.9%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | -24.2% | -25.7% | |
| Q4 2025 | +0.6% | +6.3% | -8.7% | |
| Q3 2025 | -3.3% | +5.3% | +87.2% | |
| Q1 2025 | -10.4% | -8.5% | -16.6% | |
| Q4 2024 | +43.4% | +80.4% | +42.7% | |
| Q3 2024 | -34.9% | -33.5% | -38.9% | |
| Q2 2024 | -20.2% | -27.6% | -40.1% | |
| Q1 2024 | -14.0% | -13.6% | -42.6% | |
| Q4 2023 | -14.7% | -26.2% | -35.4% | |
| Q3 2023 | +16.1% | +13.4% | +22.5% | |
| Q2 2023 | +8.7% | +3.5% | -25.1% | |
| Q1 2023 | +7.0% | +3.1% | +11.2% | |
| Q4 2022 | -10.9% | -15.9% | -39.3% | |
| Q3 2022 | -23.2% | -0.4% | +3.3% | |
| Q2 2022 | +2.6% | +5.0% | +1.6% | |
| Q1 2022 | -14.7% | -15.2% | -10.4% | |
| Q4 2021 | +0.9% | +6.5% | -2.0% | |
| Q3 2021 | +2.0% | +0.9% | -8.0% | |
| Q2 2021 | -3.9% | -3.1% | -9.9% | |
| Q1 2021 | -4.3% | -7.6% | -2.8% | |
| Q4 2020 | +10.5% | +14.2% | +7.6% | |
| Q3 2020 | +14.2% | +17.0% | +33.9% | |
| Q2 2020 | -5.4% | -2.1% | -8.0% | |
| Q1 2020 | +8.4% | -15.5% | +44.3% | |
| Q4 2019 | -7.8% | -12.9% | -24.1% | |
| Q3 2019 | +4.5% | +0.9% | +6.0% | |
| Q2 2019 | -14.5% | -19.7% | -12.4% | |
| Q1 2019 | -24.0% | -24.3% | -34.5% | |
| Q4 2018 | +6.0% | +7.5% | -0.7% | |
| Q3 2018 | -1.6% | -3.3% | -5.0% | |
| Q2 2018 | +9.4% | +12.1% | +12.7% | |
| Q1 2018 | +9.1% | +10.4% | +12.6% | |
| Q4 2017 | -12.4% | -9.8% | -20.8% | |
| Q3 2017 | -15.2% | -14.6% | -8.9% | |
| Q2 2017 | -7.2% | -6.2% | -6.0% | |
| Q1 2017 | -7.7% | -9.7% | -16.4% | |
| Q4 2016 | +6.6% | +11.6% | +8.1% | |
| Q3 2016 | +1.7% | +9.2% | +29.8% | |
| Q2 2016 | -3.6% | -6.0% | +5.0% | |
| Q1 2016 | +6.8% | — | — | |
| Q4 2015 | -3.9% | — | — | |
| Q3 2015 | -4.3% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | -1.5% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q2 2014 | -11.4% | — | — | |
| Q1 2014 | +16.2% | — | — | |
| Q4 2013 | +7.0% | — | — | |
| Q3 2013 | -3.7% | — | — | |
| Q2 2013 | -13.4% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2012 | -8.6% | — | — | |
| Q3 2012 | +2.9% | — | — | |
| Q2 2012 | +3.3% | — | — | |
| Q1 2011 | +5.2% | — | — | |
| Q1 2012 | +5.2% | — | — | |
| Q4 2009 | +0.4% | — | — | |
| Q2 2011 | +0.4% | — | — | |
| Q4 2011 | +0.4% | — | — | |
| Q3 2011 | -6.7% | — | — | |
| Q3 2010 | -6.7% | — | — | |
| Q2 2010 | +2.8% | — | — | |
| Q4 2010 | +2.8% | — | — | |
| Q1 2010 | -0.5% | — | — |
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