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E. W. Scripps Co (SSP.N)

SSP.N on New York Stock Exchange

17.48USD
26 May 2017
Change (% chg)

$0.03 (+0.17%)
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$17.45
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Latest Key Developments (Source: Significant Developments)

E. W. Scripps Q1 loss per share $0.02
Friday, 5 May 2017 07:30am EDT 

May 5 (Reuters) - E. W. Scripps Co ::Scripps reports first-quarter 2017 results.Q1 loss per share $0.02.Q1 revenue $211 million versus I/B/E/S view $211.6 million.Q1 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.E. W. Scripps co- for second-quarter 2017 sees television revenue flat.E. W. Scripps co-sees second-quarter 2017 radio revenue down mid-single digits.E. W. Scripps co-sees digital revenue up mid 20 percent range for second-quarter 2017.E. W. Scripps co- full-year interest expense is expected to be approximately $23 million.  Full Article

Scripps prices private offering of senior notes
Thursday, 20 Apr 2017 05:35pm EDT 

April 20 (Reuters) - E. W. Scripps Co ::Scripps prices private offering of senior notes.E. W. Scripps co says has priced its offering of $400 million of new senior unsecured notes at 5.125 percent.Notes were priced at par and will mature in 2025.E. W. Scripps co - notes are guaranteed by certain of company's existing and future subsidiaries.  Full Article

Scripps launches proposed private placement of senior notes
Monday, 17 Apr 2017 04:45pm EDT 

April 17 (Reuters) - E. W. Scripps Co : :Scripps launches proposed private placement of senior notes.Says has launched an offering of $400 million of new senior unsecured notes.Notes are expected to mature in 2025 and will be guaranteed by certain of company's existing and future subsidiaries.Says proceeds from offering will be used to repay existing $391 million term loan B due in 2020, to pay related fees and expenses.Is seeking to amend and restate existing $100 million senior secured revolving credit facility to increase borrowing capacity to $125 million.In conjunction with notes issuance, co is seeking to extend maturity of existing senior secured revolving credit facility to 2022.Company expects first-quarter 2017 operating results to be consistent with its prior expectations.Expects first-quarter 2017 operating results to be consistent with its prior expectations.Q1 television revenue expected to be flat, radio revenue expected to decrease in mid-single-digit range, digital revenue to increase in mid-20 percent range.Sees Q1 television revenue flat, radio revenue down mid-single-digit range, digital revenue up mid-20 percent range .  Full Article

Scripps launches proposed private placement of senior notes
Monday, 17 Apr 2017 04:45pm EDT 

April 17 (Reuters) - E. W. Scripps Co ::Scripps launches proposed private placement of senior notes.E. W. Scripps co says has launched an offering of $400 million of new senior unsecured notes.E. W. Scripps co - notes are expected to mature in 2025 and will be guaranteed by certain of company's existing and future subsidiaries.E. W. Scripps co says proceeds from offering will be used to repay existing $391 million term loan b due in 2020, to pay related fees and expenses.E. W. Scripps - is seeking to amend and restate existing $100 million senior secured revolving credit facility to increase borrowing capacity to $125 million.E. W. Scripps co-in conjunction with notes issuance, co is seeking to extend maturity of existing senior secured revolving credit facility to 2022.E. W. Scripps co - company expects first-quarter 2017 operating results to be consistent with its prior expectations.E. W. Scripps co - expects first-quarter 2017 operating results to be consistent with its prior expectations.E. W. Scripps- q1 television revenue expected to be flat, radio revenue expected to decrease in mid-single-digit range, digital revenue to increase in mid-20 percent range.E. W. Scripps co-expects television revenue to be flat,radio revenue to decrease mid-single-digit range,digital revenue to increase mid-20 percent range versus q1 2016.  Full Article

E. W. Scripps reports Q4 earnings per share $0.46 from continuing operations
Friday, 24 Feb 2017 07:30am EST 

E. W. Scripps Co : Scripps reports fourth-quarter 2016 results . Q4 earnings per share $0.46 from continuing operations . Q4 revenue $273 million versus I/B/E/S view $269.9 million . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.09 from continuing operations excluding items . E. W. Scripps co - election-year political advertising revenue for television division was $56.2 million in q4 and $100.8 million for year . Sees Q1 television revenue flat . Sees Q1 television expense up mid-single digits . Sees 2017 television revenue down mid-single digits . Sees 2017 television expense up mid- to high-single digits .Sees 2017 capex $25 million.  Full Article

Scripps board of directors authorizes new $100 million share repurchase program
Tuesday, 8 Nov 2016 03:49pm EST 

E. W. Scripps Co : Authorized a new share repurchase program up to $100 million of company's Class A common shares . New share repurchase authorization runs from Jan. 1, 2017, to Dec. 31, 2018 .Scripps board of directors authorizes new $100 million share repurchase program.  Full Article

Scripps reports third-quarter 2016 results
Friday, 4 Nov 2016 07:30am EDT 

E. W. Scripps Co : Scripps reports third-quarter 2016 results . E. W. Scripps co says election-year political advertising for television division was $26.9 million in Q3 . Scripps says we expect full-year political advertising to be about $100 million. . Scripps says expect full-year political advertising to be about $100 million. . Qtrly digital revenue grew 45 percent . Sees Q4 television revenue up mid-30 percent range . Sees Q4 digital revenue up in low 40 percent range . Q3 earnings per share $0.15 from continuing operations . Q3 earnings per share view $0.29 -- Thomson Reuters I/B/E/S .Q3 revenue $233 million versus I/B/E/S view $256.5 million.  Full Article

Scripps Q2 EPS $0.14 from continuing operations
Friday, 5 Aug 2016 07:30am EDT 

E. W. Scripps Co : Reports second-quarter 2016 results . Q2 earnings per share $0.14 from continuing operations . Q2 earnings per share view $0.14 -- Thomson Reuters I/B/E/S . Q2 revenue $228 million versus I/B/E/S view $231.4 million . Sees Q3 radio revenue down mid-single digits; sees Q3 digital revenue up about 50 percent . "More than 80 percent of our potential political revenue is still ahead of us over next 13 weeks" . About half of our total political ad revenue projected in Q4 . Qtrly revenue from television group was $192 million, up $24.4 million or 15 percent . Q2 started slower than anticipated, with Clinton-Sanders race running out longer than expected, delaying start to general-election spending . Sees Q3 television revenue up between 35-45 percent .We see a more normal pace of political spending to set in now that we are through party conventions, traditional start of heavy spending season.  Full Article

Hammerson sells Manor Walks Shopping Centre for 78 mln stg
Tuesday, 19 Jul 2016 02:25am EDT 

Hammerson :Hammerson has exchanged contracts for the sale of Manor Walks Shopping Centre, Cramlington in Northumberland to Arch Commercial Enterprise Ltd for £78 million.  Full Article

Scripps acquires podcast platform Stitcher
Monday, 6 Jun 2016 03:30pm EDT 

E. W. Scripps Co : Stitcher Will Operate As Part Of Midroll Media . Scripps And Deezer Agreed To A $4.5 Million Cash Purchase Price .Scripps Acquires Podcast Platform Stitcher To Complement Midroll Content And Services.  Full Article

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BRIEF-E. W. Scripps Q1 loss per share $0.02

* Q1 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S