E.W. Scripps Stock Slumps On Net Loss That Beats The Street

0

The E.W. Scripps Co. expected to incur a steep Q3 loss, due to asset impairment and restructuring costs.


The good news for investors is that the net loss is better than what a consensus of Wall Street analysts expected. Even so, Scripps shareholders went into “sell” mode in Friday’s trading.

Please Login to view this content. (Not a member? Join Today!)