E.W. Scripps (NYSE:SSP) Price Target Cut to $17.00

E.W. Scripps (NYSE:SSPGet Rating) had its price objective reduced by Benchmark from $25.00 to $17.00 in a research note published on Tuesday, Stock Target Advisor reports.

E.W. Scripps Stock Performance

SSP stock opened at $14.43 on Tuesday. E.W. Scripps has a 12-month low of $12.04 and a 12-month high of $23.61. The company has a 50-day moving average price of $13.75.

E.W. Scripps (NYSE:SSPGet Rating) last announced its quarterly earnings data on Friday, May 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The firm had revenue of $565.71 million for the quarter, compared to analysts’ expectations of $558.50 million.

About E.W. Scripps

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The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, Scripps Network, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations.

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