E.W. Scripps Q4 Posts Loss In Q4

(RTTNews) - E.W. Scripps Co. (SSP) Friday announced loss of $21.531 million for the fourth quarter, compared to profit of $15.717 million in the previous year. On a per share basis, the company reported a net loss of $0.25 per share, compared to a profit of $0.27 a year ago.

On average, 6 analysts polled by Thomson Reuters expected the company to earn $0.10 per share. Analysts estimates usually exclude special items.

Revenue for the quarter climbed 36 percent to $204.81 million from $150.63 million in the prior year. Street expected revenue of $207.44 million.