Earnings summaries and quarterly performance for E.W. SCRIPPS.
Executive leadership at E.W. SCRIPPS.
Board of directors at E.W. SCRIPPS.
BF
Burton F. Jablin
Detailed
Director
CL
Charles L. Barmonde
Detailed
Director
JW
John W. Hayden
Detailed
Director
KP
Kelly P. Conlin
Detailed
Director
KW
Kim Williams
Detailed
Chair of the Board
LB
Leigh B. Radford
Detailed
Director
MW
Marcellus W. Alexander, Jr.
Detailed
Director
MO
Monica O. Holcomb
Detailed
Director
NA
Nishat A. Mehta
Detailed
Director
RH
Raymundo H. Granado, Jr.
Detailed
Director
Research analysts who have asked questions during E.W. SCRIPPS earnings calls.
CH
Craig Huber
Huber Research Partners
6 questions for SSP
Also covers: CSGP, DNB, EFX +12 more
DK
Daniel Kurnos
The Benchmark Company, LLC
6 questions for SSP
Also covers: ANGI, CNVS, DRCT +12 more
Michael Kupinski
Noble Capital Partners
6 questions for SSP
Also covers: AENT, BOWL, CDRO +13 more
Steven Cahall
Wells Fargo & Company
6 questions for SSP
Also covers: AMCX, ATUS, CABO +19 more
GQ
Gengxuan Qiu
Barclays
3 questions for SSP
Also covers: PFSI
SQ
Shanna Qiu
Barclays
2 questions for SSP
AS
Avi Steiner
JPMorgan Chase & Co.
1 question for SSP
Also covers: CCO, CMLS, GTN +1 more
Hal Steiner
BNP Paribas
1 question for SSP
Also covers: UONE
Ken Silver
Stifel
1 question for SSP
Also covers: IHRT, UONE
Recent press releases and 8-K filings for SSP.
E.W. Scripps Reports Q4 2025 Results, Announces Transformation Plan and Strategic M&A
SSP
Earnings
Guidance Update
M&A
- E.W. Scripps reported a Q4 2025 loss of $0.51 per share. The Local Media division generated $360 million in revenue (down 30% due to the absence of political advertising), with core advertising up 12%. The Scripps Networks division reported $199 million in revenue (down less than 8%) and exceeded its 2025 margin guidance, delivering nearly 700 basis points of expansion over 2024.
- On February 11, the company announced a transformation plan to grow enterprise EBITDA by $125 million-$150 million by 2028. This plan is expected to contribute $20 million-$30 million to EBITDA in 2026, with an annualized run rate of $60 million-$75 million going into 2027.
- Strategic M&A activities include the reacquisition of 23 ION-affiliated TV stations for approximately $54 million, which is expected to be immediately accretive to the Scripps Networks Division. The sale of Court TV was announced and closed on February 9, also immediately accretive to the Scripps Networks segment. Additionally, the company is progressing with the sale of WFTX (Fort Myers) and WRTV (Indianapolis), with gross proceeds of $123 million.
- For Q1 2026, E.W. Scripps expects Local Media Division revenue to be up low to mid-single digits (with core advertising up mid-single digits), while Scripps Networks division revenue is projected to be down in the high single-digit range.
1 day ago
E.W. Scripps Reports Q4 2025 Results and Announces Transformation Plan
SSP
Earnings
Guidance Update
M&A
- The E.W. Scripps Company reported Q4 2025 Local Media revenue of $360 million, with core advertising up 12%, and Scripps Networks revenue of $199 million. The company posted a loss of $0.51 per share for the quarter.
- A transformation plan was announced on February 11, 2026, aiming to grow enterprise EBITDA by $125 million-$150 million by 2028, with an expected in-year EBITDA impact of $20 million-$30 million for 2026.
- Strategic moves include exercising an option to reacquire 23 ION-affiliated TV stations for approximately $54 million and the sale of Court TV, both expected to be immediately accretive to the Scripps Networks Division segment profit and margins.
- For Q1 2026, the company expects Local Media Division revenue to be up low to mid-single digits, driven by mid-single digit core advertising growth, while Scripps Networks division revenue is projected to be down in the high single-digit range. The company also anticipates a meaningful reduction in its net leverage ratio by the end of 2026 from 4.8 times at year-end 2025.
1 day ago
E.W. Scripps Reports Q4 2025 Results, Announces Transformation Plan, and Strategic M&A
SSP
Earnings
Guidance Update
M&A
- The E.W. Scripps Company reported Q4 2025 financial results, with Local Media revenue at $360 million and Scripps Networks revenue at $199 million, and a loss of $0.51 per share. Core advertising in Local Media was up 12% year-over-year.
- The company announced a transformation plan on February 11, 2026, aiming to grow enterprise EBITDA by $125 million-$150 million by 2028. This plan is expected to have an in-year EBITDA impact of $20 million-$30 million in 2026, with an annualized run rate of $60 million-$75 million entering 2027.
- Strategic M&A activities include exercising an option to reacquire 23 ION-affiliated TV stations for approximately $54 million, which is expected to be immediately accretive to the Scripps Networks Division. The sale of Court TV also closed on February 9, 2026, and is immediately accretive to the Scripps Networks segment.
- For Q1 2026, the company expects Local Media Division revenue to be up low to mid-single digits and Scripps Networks division revenue to be down in the high single-digit range.
1 day ago
E.W. Scripps Co. Reports Q4 2025 Financial Results and Strategic Updates
SSP
Earnings
Guidance Update
M&A
- The E.W. Scripps Company reported $560 million in revenue and a loss attributable to shareholders of $44.9 million or 51 cents per share for the fourth quarter of 2025.
- A transformation plan was launched, targeting $125-$150 million in annualized enterprise EBITDA growth by 2028, with financial benefits anticipated from the second half of 2026.
- The Local Media division experienced a 12% increase in core advertising revenue in Q4 2025, and the company is positioned to benefit from projected $11 billion in political advertising for the 2026 midterm elections.
- Scripps plans to re-acquire 23 ION-affiliated stations for approximately $54 million and expects to complete sales of its Fox affiliate WFTX and ABC affiliate WRTV for $123 million.
- The board extended President and CEO Adam Symson's employment agreement through December 31, 2029.
1 day ago
Scripps Reports Q4 2025 Financial Results
SSP
Earnings
Guidance Update
M&A
- E.W. Scripps reported $560 million in revenue for the fourth quarter of 2025, with a loss attributable to shareholders of $44.9 million or 51 cents per share.
- The company launched a transformation plan targeting annualized enterprise EBITDA growth of $125-$150 million by 2028, with financial benefits expected to begin in the second half of 2026.
- In the Local Media division, core advertising revenue increased 12% in the fourth quarter of 2025.
- The company plans to re-acquire 23 ION-affiliated stations for approximately $54 million and expects to close on the sales of two other stations for $123 million.
- As of December 31, 2025, cash and cash equivalents totaled $27.9 million, and total debt was $2.6 billion.
2 days ago
E.W. Scripps Board Extends CEO Adam Symson's Contract
SSP
Management Change
Executive Compensation
- The E.W. Scripps Company's board of directors has approved a new contract for President and CEO Adam P. Symson, extending his employment through December 31, 2029.
- This new agreement replaces a previous five-year contract that was set to expire at the end of 2027.
- The extension is intended to ensure Symson oversees the completion of a transformation plan, announced on February 11, 2026, which aims to grow annualized enterprise EBITDA by $125-$150 million by 2028.
- The company's executive pay strategies emphasize variable compensation to align management's interests with shareholders.
3 days ago
E.W. Scripps Launches Transformation Plan Targeting $125-$150 Million Annualized EBITDA Growth by 2028
SSP
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- The E.W. Scripps Company has launched an enterprise-wide transformation plan.
- This plan targets annualized enterprise EBITDA growth of $125 million-$150 million by 2028.
- The expected EBITDA improvement will be achieved through cost savings and revenue growth initiatives, leveraging technology including AI and automation.
- The company reaffirmed its guidance issued on November 6 and expects 2026 financial performance to be bolstered by factors such as a robust mid-term election spending year, the Winter Olympics, World Cup competitions, Scripps Sports partnerships, connected TV distribution, and accretive divestiture & acquisition activity.
- More details on the transformation plan, including the timing of savings and costs, will be shared on the Feb. 26 earnings call.
Feb 11, 2026, 2:15 PM
E.W. Scripps Board Rejects Sinclair Takeover Bid
SSP
M&A
Takeover Bid
- The E.W. Scripps Company's board unanimously rejected Sinclair Inc.'s unsolicited acquisition proposal of $7 per share (cash and stock), concluding it was not in the best interests of the company or its shareholders.
- Sinclair had previously disclosed an 8.2% stake in Scripps and made the overture on November 24.
- Scripps, which operates over 60 television stations and national networks, announced its rejection on December 16, 2025, stating it remains open to evaluating other value-enhancing opportunities while protecting against opportunistic actions.
- The rejection comes amidst broader consolidation pressures and regulatory hurdles in the local TV industry, with Scripps being advised by Morgan Stanley & Co. and Weil, Gotshal & Manges LLP.
Dec 16, 2025, 11:35 PM
E.W. Scripps Discusses Financial Performance, Growth Strategies, Debt Reduction, and Sinclair Takeover Offer
SSP
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- E.W. Scripps reported $2.5 billion in revenue and under $600 million in Adjusted EBITDA for FY 2024. The company projects strong Core advertising growth, with Q3 2025 up 2% year over year and Q4 2025 guided up about 10%, largely due to its sports strategy.
- The company anticipates continued growth in gross retransmission revenue and a decrease in network expenses for 2026, leading to improved net retrans margins. Political revenue reached an all-time record of $343 million in 2024.
- E.W. Scripps has significantly improved its balance sheet, reducing net leverage to 4.6 times by the end of the most recent quarter (Q3 2025) and refinancing $1.5 billion of its $3 billion debt, extending the nearest maturity to 2028.
- Growth initiatives include connected TV, which is a $120 million business this year (2025) growing 35% year over year, and the long-term potential of ATSC 3.0 technology for wireless data transmission.
- The company's board is currently analyzing a takeover offer from Sinclair, occurring as the FCC is expected to loosen regulations to facilitate industry consolidation.
Dec 3, 2025, 2:00 PM
E.W. Scripps Discusses Financial Performance, Strategic Growth, and Sinclair Takeover Offer
SSP
Takeover Bid
Revenue Acceleration/Inflection
Debt Issuance
- E.W. Scripps reported approximately $2.5 billion in revenue and nearly $600 million in Adjusted EBITDA last year.
- The company demonstrated strong Core advertising growth, with Q3 up 2% year over year and Q4 guided to be up about 10%, largely due to its sports strategy. Political revenue also hit a record $343 million in 2024.
- Net leverage improved significantly from six times in Q2 last year to 4.6 times in the most recent quarter, following the refinancing of approximately $1.5 billion of its $3 billion debt.
- Strategic growth initiatives include a rapidly expanding Connected TV business, projected to reach $120 million this year with 35% year-over-year growth, and future opportunities from ATSC 3.0 spectrum utilization.
- The company is currently analyzing a takeover offer from Sinclair as it anticipates FCC rule changes that could facilitate further industry consolidation.
Dec 3, 2025, 2:00 PM
Quarterly earnings call transcripts for E.W. SCRIPPS.
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