Benzinga | Nov 4, 2021 10:43AM EDT

Earnings Outlook For E W Scripps

E W Scripps (NASDAQ:SSP) is set to give its latest quarterly earnings report on Friday, 2021-11-05. Here's what investors need to know before the announcement.

Analysts estimate that E W Scripps will likely report an Earnings Per Share (EPS) of $0.27

E W Scripps bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 51.72%, which was followed by a 0.0% drop in the share price the next day.

Here's a look at E W Scripps's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.29 0.14 1.28 0.73EPS Actual 0.44 -0.10 1.35 0.76Price Change % -2.18% -5.46% 2.56% 9.68%

Stock Performance

Shares of E W Scripps were trading at $20.51 as of November 03. Over the last 52-week period, shares are up 77.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.