A Q1 Above Expectations, But Dented by Dodge


It’s usually not a good sign when your company reports a wider net loss, compared to the same period one year earlier, in its quarterly earnings.

But, there’s an exception: If the net loss wasn’t as big as analysts predicted, that can be a good thing.

That’s exactly what’s propelling¬†The E.W. Scripps Co.¬†on Wall Street, with midday trading on Monday robust following the release of Q1 2018 results that were largely positive.

Even so, there’s a big ding in Scripps’ local media revenue. Unfortunately, GEICO, Progressive or any other auto insurance company can’t be called on to help this hit-and-run scenario, perpetrated by Dodge.

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