Feb. 27 at 4:22 PM
Noble Capital Markets Research Report: E.W. Scripps (
$SSP) – Transformation Plan Underscores Compelling Valuation
Better than expected Q4. Total Q4 revenues of
$560.3 million was better than our
$550.9 million estimate, due to better than expected Core Local advertising and better Scripps Networks revenue. Adj. EBITDA of
$86.4 million beat our
$75.6 million estimate on lower segment expenses, particularly in its Networks segment.
Read full report here: https://www.channelchek.com/news-channel/e-w-scripps-ssp-transformation-plan-underscores-compelling-valuation