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as of 11-13-2026 3:37pm EST

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The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes local broadcast stations and their related digital operations.

Founded: 1878 Country:
United States
United States
Employees: N/A City: CININNATI
Market Cap: 286.5M IPO Year: 2000
Target Price: $4.93 AVG Volume (30 days): 890.7K
Analyst Decision: Hold Number of Analysts: 4
Dividend Yield:
N/A
Dividend Payout Frequency: quarterly
EPS: -12.73 EPS Growth: -285.15
52 Week Low/High: $1.92 - $5.39 Next Earning Date: 11-05-2026
Revenue: $2,150,585,000 Revenue Growth: -14.31%
Revenue Growth (this year): 2.99% Revenue Growth (next year): -10.66%
P/E Ratio: -0.29 Index:
Free Cash Flow: 6.5M FCF Growth: +21.38%

Earnings Transcripts

SEC 8-K filings with transcript text

View All
2026
Q3

Q3 2026 Earnings

8-K BUY

Nov 6, 2026 · 100% conf.

AI Prediction BUY

1D

+9.73%

$2.63

Act: +4.56%

5D

+20.53%

$2.89

20D

+17.22%

$2.81

Price: $2.40 Prob +5D: 100% AUC: 1.000
0000832428-26-000041

EX-99.1

2 ssp-20261105ex991.htm

EX-99.1

Document

Exhibit 99.1

Scripps reports Q3 2026 financial results

Nov. 5, 2026

CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) delivered $545 million in revenue for the third quarter of 2026. Income attributable to the shareholders of Scripps was $20.7 million or 21 cents per share.

Recent company events:

•Through Election Day on Tuesday, Scripps generated $284 million in full-year Local Media division political advertising revenue – 44% above the 2022 midterm election cycle.

•Scripps continues to make progress on its company transformation plan and expense reductions to generate $125-$150 million of enterprise EBITDA growth by 2028 through cost savings and revenue initiatives. The impact of the transformation work will be most evident beginning in the fourth-quarter results as the company will have implemented about $100 million in annual run-rate savings by year end. In 2026, we reduced our workforce by about 20%.

•On the revenue growth side of the transformation, more than 70 initiatives are in the pipeline, focused on yielding more revenue from businesses we own and creating new revenue from adjacent business areas.

•By the end of the year, Scripps will have nearly completed its connected local newsrooms transformation, positioning its news operations for the streaming world to meet consumers where they are watching. The connected newsrooms integrate AI and automation technology to adapt stories for all digital and broadcast platforms, putting the news teams’ work in front of new audiences and driving new streams of revenue with a more durable cost structure.

•The Scripps Networks division’s third-quarter revenue benefited from Nielsen’s Sept. 1 ratings methodology change to more accurately measure over-the-air households after negative impact from their changes earlier in the year. Connected TV revenue grew 37%, and Scripps now expects it to end the year at about $155 million. Despite those tailwinds, pressure from the economy and the impact of low consumer confidence on direct response advertising led to revenue down 11% on an adjusted combined basis.

•Scripps Networks division adjusted combined expenses were up 0.9%, driven by the new WNBA contract this year. For the fourth quarter, the company expects division expenses to begin a downward trend as transformation cost initiatives take effect.

•The company ended the third quarter with $83 million in cash and will use that and cash from Q4 political advertising revenue to pay down at least $150 million of debt in the fourth quarter.

From Scripps President and CEO Adam Symson:

“During this contentious 2026 midterm election cycle, broadcast television continued to prove itself to be the best vehicle for reaching voters because we provide a trustworthy platform in a politically polarizing climate. Local TV platforms took nearly half of the record $11.9 billion spent this year, according to AdImpact. Scripps’ strong political footprint drove our full-year political ad revenue 44% above our 2022 midterm results. Our performance benefited from our local sports strategy, strong connected TV business and dedicated political sales force.

“The companywide transformation we launched in February is well underway and on track to deliver both on our commitment to evolve the company’s products and the expected benefit to enterprise EBITDA next year. Our goal is to ensure Scripps remains a strong media company positioned to serve our communities and preserve local journalism by adapting to how Americans consume news and information. In part aided by technology, our teams are producing more reporting from the field, deepening our community news coverage

and expanding our reach to audiences across broadcast, streaming, digital and social platforms while improving the segment profit of our business.

“In our Scripps Networks division, we saw a modest sequential recovery in our third-quarter revenue and profit margin, bolstered by the early impact of Nielsen’s updated ratings methodology and 37% growth in revenue from our connected TV/streaming platform distribution. Disciplined expense management drove a year-over-year decline in total adjusted combined expenses when you factor out the first-year impact of our new WNBA contract.

“The work underway reflects our priorities to improve our earnings trajectory, strengthen the balance sheet and best serve American media consumers. At the same time, we continue to evaluate accretive M&A opportunities with discipline, focusing on transactions that enhance our financial position and strategic flexibility within our current balance sheet.”

Operating results

Third-quarter company revenue was $545 million, an increase of 3.6% or $19 million from the prior-year quarter. Political revenue was $82.6 million, compared to $5.5 million in the prior-year quarter, a non-election year. Costs and expenses for segments, shared services and corporate were $427 million, down from $449

2026
Q3

Q3 2026 Earnings

8-K BUY

Oct 28, 2026 · 100% conf.

AI Prediction BUY

1D

+9.73%

$2.63

Act: +4.56%

5D

+20.53%

$2.89

20D

+17.22%

$2.81

Price: $2.40 Prob +5D: 100% AUC: 1.000
0000832428-26-000037

EX-99.1

2 ex991-pressreleasescrippsr.htm

EX-99.1

Document

Exhibit 99.1

Scripps raises full-year political guide,

completes 2026 workforce reductions

Oct. 28, 2026

CINCINNATI - The E.W. Scripps Company (NASDAQ: SSP) has raised its expectations for full-year 2026 midterm Local Media political advertising revenue to about $275 million, which is about 40% above its 2022 midterm election revenue.

On Tuesday, the company also completed 431 workforce reductions, bringing the total employees impacted in 2026 to about 850 – nearly 20% of its employee count from the beginning of the year. The reductions are part of Scripps’ company transformation plan to generate $125-$150 million of enterprise EBITDA growth by 2028. The impact of the transformation work will become most evident beginning in the fourth-quarter results, and the company expects to have implemented about $100 million in annual run-rate savings by year end.

For the third quarter, Scripps’ Local Media political revenue was nearly $81 million, driven by strong candidate, issue and advocacy spending across Scripps markets in Michigan and Ohio as well as Arizona, Florida, Wisconsin, Tennessee and Virginia. In August, the company had guided to a full-year range of $225-$250 million.

At the end of the third quarter, Scripps had $83 million in cash and will use that and proceeds from Q4 political advertising revenue to pay down at least $150 million of debt in the fourth quarter.

Scripps will release its full third-quarter 2026 results after the market closes Thursday, Nov. 5, as previously announced.

Forward-looking statements

This document contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “believe,” “anticipate,” “intend,” “expect,” “estimate,” “could,” “should,” “outlook,” “guidance,” “target” and similar references to future periods. Examples of forward-looking statements include, among others, statements the company makes regarding expected operating results and future financial condition. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management’s current beliefs, expectations, and assumptions regarding the future of the industry and the economy, the company’s plans and strategies, anticipated events and trends, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, and changes in circumstance that are difficult to predict and many of which are outside of the company’s control. The company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: change in advertising demand, fragmentation of audiences, loss of affiliation agreements, loss of distribution revenue, increase in programming costs, changes in law and regulation, the company’s ability to identify and consummate strategic transactions, the controlled ownership structure of the company, and the company’s ability to manage its outstanding debt obligations. A detailed discussion of such risks and uncertainties is included in the company’s Form 10-K, on file with the SEC, in the section titled “Risk Factors.” Any forward-looking statement made in this document is based only on currently available information and speaks only as of the date on which it is made. The company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.

Media contact: Becca McCarter, The E.W. Scripps Company, (513) 410-2425, rebecca.mccarter@scripps.com

Investor contact: Carolyn Micheli, The E.W. Scripps Company, (513) 313-5910, carolyn.micheli@scripps.com

About Scripps

The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating connection. As one of the nation’s largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of about 60 stations in 40 markets. Scripps reaches households across the U.S. with national news outlet Scripps News and popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. Scripps is one of the nation’s largest holders of broadcast spectrum. Scripps Sports serves professional and college sports leagues, conferences and teams with local market depth and national broadcast reach of up to 100% of TV households. Founded in 1878, Scripps is the steward of the Scripps National

2026
Q2

Q2 2026 Earnings

8-K BUY

Aug 7, 2026 · 99% conf.

AI Prediction BUY

1D

+11.86%

$3.32

Act: +1.05%

5D

+23.81%

$3.68

20D

+20.71%

$3.58

Price: $2.97 Prob +5D: 100% AUC: 1.000
0000832428-26-000031

EX-99.1

2 ssp-20260806ex991.htm

EX-99.1

Document

Exhibit 99.1

Scripps reports Q2 2026 financial results

Aug. 6, 2026

CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) delivered $490 million in revenue for the second quarter of 2026. Loss attributable to the shareholders of Scripps was $1.2 billion or $12.68 per share. A non-cash goodwill and other intangible assets impairment charge for the quarter accounted for $11.61 of the per-share loss.

Recent company events:

•Scripps continues to make progress on its company transformation plan and expense reductions, targeting $125-$150 million of enterprise EBITDA growth by 2028 through cost savings and revenue initiatives. The company now expects to have implemented about $100 million in annual run-rate savings by year end.

•The company has completed three retransmission consent agreements representing the majority of its pay TV subscriber households scheduled for renewal in 2026. Two negotiations resulted in distributors’ temporary removal of Scripps stations during the second quarter, negatively impacting the company’s Q2 core advertising and distribution revenue.

•Local Media political advertising revenue was a second-quarter record at $28 million. The company now expects 2026 full-year local political revenue of between $225-$250 million.

•Second-quarter segment, shared services and corporate expenses were down 3%, due to favorable programming expenses, employee cost savings and tight expense controls. For the third quarter, expense improvement will include the impact of transformation-related job reductions communicated on Tuesday affecting about 6% of our workforce.

•Scripps Networks revenue was down 16% from Q2 2025. The sale of Court TV contributed to the decline, as did a challenging national advertising market, particularly for direct response advertising; a decline in legacy linear viewing and the resulting shift in advertiser spending to streaming and digital; and changes in Nielsen’s measurement methodology, which Scripps is working with Nielsen to mitigate in the coming quarters.

•Scripps Sports has formed several new partnerships, including signing its first NBA team, the Detroit Pistons, for a multi-year distribution agreement. This follows a full-season local rights agreement with the National Hockey League’s Nashville Predators. Both new agreements will contribute to local core revenue when they begin this fall. And on the national side, ION has scored the U.S. rights to televise the Women’s Volleyball World Cup 2027 tournament.

•The company has completed a number of local station transactions, including acquiring a second Big 4 station in Lexington, Kentucky, and swapping stations with Gray Media across five mid-sized and small markets, expanding Scripps’ presence in the Mountain West. Earlier this year, Scripps completed the sales of its stations in Fort Myers, Florida, and Indianapolis.

•Veteran television industry leader Dean Littleton has been promoted to Scripps’ president of media, a newly created, consolidated role. Littleton will oversee Scripps’ complete television business: its local media portfolio of approximately 60 TV stations, its national Scripps Networks division and Scripps News.

•During the second quarter, Scripps Networks incurred a $1.1 billion non-cash goodwill and intangible asset impairment charge, reflecting the impact of continued pressure from a weak national advertising market, ratings challenges and broader macroeconomic uncertainty.

From Scripps President and CEO Adam Symson:

“We’re in the midst of transforming Scripps through fundamental changes in how we operate. These changes leverage today’s most advanced technology, AI and automation to both deliver improved operating results and allow us to better serve our local consumers, audiences and advertisers that rely on us across the nation. The company’s Q2 financial results, impacted by the economic environment and audience measurement challenges, are not

reflective of the progress we're making. We expect the transformation benefits to the company's health and performance to become increasingly visible in the coming quarters.

“In parallel with our transformation work, we continue to evaluate and execute M&A opportunities through a disciplined lens focused on accretive transactions that improve our financial footing and strategic flexibility. Our recently closed transactions bring greater depth and operating efficiency to our local stations portfolio to create the economic durability to sustain our public service commitment: high-quality local news, emergency alerts, weather coverage and local sports that keep people informed, engaged and connected to their communities.

“During the second quarter, we demonstrated our commitment to two important revenue growth strategies. First, with Scripps Sports, our new Detroit Pistons and Nashville Predators agreements will drive incremental core advertising revenue growth on top of the organic growth we expe

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