The E.W. Scripps Co. releases its Q2 2020 results on Friday, and investors could be thinking positively of what’s to come.
Shares in the broadcast TV company moved upward across Thursday’s trading, finishing at $11.93, up 4.2% from Thursday.
Perhaps it is a positive reaction to what could be reported from the company on Friday. Strong retrans dollars and anticipated political revenue is expected to bring Scripps, and other TV companies, a formidable recovery across the remainder of the year.
And, with Thursday’s close, SSP is now at its highest value since February 28 — a much-welcome sign that investors believe the worst is behind for Scripps, even with a Dish Network dispute bringing its stations to black across all local markets on the DBS provider.