The Q3 2020 earnings parade continued early Friday for the broadcast TV industry, as The E.W. Scripps Co. released its results ahead of the Opening Bell on Wall Street.
Like its peers, the owner of such stations as WPTV-5 in West Palm Beach and WXYZ-7 in Detroit greatly benefited from a political dollar windfall. As such, Scripps beat analyst expectations, sending its stock upward by nearly 10% in pre-market trading on Friday.
