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Stock impact report

Why E.W. Scripps (SSP) Stock Is Nosediving [Yahoo! Finance]

E.W. Scripps Company (The) - Class A (SSP) 
Last e.w. scripps company (the) - class a earnings: 11/8 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
first quarter results, with revenue falling short of Wall Street's estimates as its Local Media segment underperformed. On the other hand, E.W. Scripps blew past analysts' operating margin and EPS expectations this quarter. Overall, this was a mixed but weaker quarter for the company. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy E.W. Scripps? Access our full analysis report here, it's free What is the market telling us: E.W. Scripps's shares are somewhat volatile and over the last year have had 64 moves greater than 5%. But moves this big are very rare even for E.W. Scripps and that is indicating to us that this news had a significant impact on the market's perception of the business. E.W. Scripps is down 53.8% since the beginning of the year, and at $3.64 per share it is trading 66.4% below its 52-week high of $10.82 from August 2023. Investors who bought $1,000 worth of E.W. Scripps Show less Read more
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