EW Scripps Co. (The) (SSP)

NASDAQCommunication ServicesBroadcastingSnapshot 2026-10-23

$2.16-13.25%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge EW Scripps Co. (The)’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
FY 2026 · Q4
Revenue	—	631.08M
EPS	—	0.475
FY 2026 · Annual
Revenue	$225M–$250M	2.18B
EPS	—	-12.63
FY 2027 · Annual
Revenue	—	1.97B
EPS	—	-1.28

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain capital expenditures between $60M and $70M in 2026	The company plans to keep capital spending between $60M and $70M in 2026.	Intact	Capital expenditures exceed $70M or fall below $60M in FY26	Capital expenditures: $16.533M FY2026-Q2; GAAP. Published target: $60M to $70M. Target period is not explicitly aligned with this observation. Source published Aug 7, 202616,533,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Return to positive or breakeven earnings by end of 2026	A primary condition in EW Scripps Co. (The)'s published investment case. The stated target is EPS >= $0.01.	Broken	EPS falls below $0.00 in FY26	Diluted EPS: $-12.68 per share FY2026-Q2; GAAP. Published target: EPS >= $0.01. Target period is not explicitly aligned with this observation. Source published Aug 7, 2026-12.68 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: e2b27866-2a58-4d87-bba6-c38353e20ad7. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Stabilize revenue near $2.23 billion in 2026	A supporting condition in EW Scripps Co. (The)'s published investment case. The stated target is Revenue >= $2.2B.	Broken	Revenue falls below $2.2B in FY26	Revenue: $490.401M FY2026-Q2; GAAP. Published target: Revenue >= $2.2B. Target period is not explicitly aligned with this observation. Source published Aug 7, 2026490,401,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: e2b27866-2a58-4d87-bba6-c38353e20ad7. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS: comparable history unavailable.

FY2027 revenueUnavailable

$2.06B → Unavailable · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	$2,064,821,200	1 / 5
2026-07-25	Unavailable	$2,064,821,200	1 / 5
2026-07-26	Unavailable	Unavailable	1 / 3
2026-07-27	Unavailable	$2,064,821,200	1 / 5
2026-07-28	Unavailable	Unavailable	1 / 3
2026-07-29	Unavailable	$2,064,821,200	1 / 5
2026-07-30	Unavailable	Unavailable	1 / 3
2026-07-31	Unavailable	Unavailable	1 / 3
2026-08-01	Unavailable	Unavailable	1 / 3
2026-08-02	Unavailable	$2,064,821,200	1 / 5
2026-08-03	Unavailable	Unavailable	1 / 3
2026-08-04	Unavailable	$2,064,821,200	1 / 5
2026-08-05	Unavailable	$2,063,753,600	3 / 5
2026-08-06	Unavailable	Unavailable	1 / 3
2026-08-08	Unavailable	$2,063,753,600	3 / 5
2026-08-09	Unavailable	$2,063,753,600	3 / 5
2026-08-10	Unavailable	$2,063,753,600	3 / 5
2026-08-12	Unavailable	Unavailable	1 / 4
2026-08-13	Unavailable	Unavailable	1 / 4
2026-08-14	Unavailable	Unavailable	2 / 3
2026-08-15	Unavailable	Unavailable	2 / 3
2026-08-16	Unavailable	Unavailable	1 / 3
2026-08-17	Unavailable	Unavailable	1 / 3
2026-08-18	Unavailable	Unavailable	1 / 3
2026-08-19	Unavailable	Unavailable	1 / 3
2026-08-20	Unavailable	Unavailable	1 / 3
2026-08-21	Unavailable	Unavailable	1 / 3
2026-08-22	Unavailable	Unavailable	1 / 3
2026-08-23	Unavailable	Unavailable	1 / 3
2026-08-24	Unavailable	Unavailable	1 / 3
2026-08-25	Unavailable	Unavailable	1 / 3
2026-08-26	Unavailable	Unavailable	1 / 3
2026-08-27	Unavailable	Unavailable	1 / 3
2026-08-28	Unavailable	Unavailable	1 / 3
2026-08-29	Unavailable	Unavailable	1 / 3
2026-08-30	Unavailable	Unavailable	1 / 3
2026-08-31	Unavailable	Unavailable	1 / 3
2026-09-01	Unavailable	Unavailable	1 / 3
2026-09-02	Unavailable	Unavailable	1 / 3
2026-09-03	Unavailable	Unavailable	1 / 3
2026-09-04	Unavailable	Unavailable	1 / 3
2026-09-05	Unavailable	Unavailable	1 / 3
2026-09-06	Unavailable	Unavailable	1 / 3
2026-09-07	Unavailable	Unavailable	1 / 3
2026-09-08	Unavailable	Unavailable	1 / 3
2026-09-09	Unavailable	Unavailable	1 / 3
2026-09-10	Unavailable	Unavailable	1 / 3
2026-09-11	Unavailable	Unavailable	1 / 3
2026-09-12	Unavailable	Unavailable	1 / 3
2026-09-13	Unavailable	Unavailable	1 / 3
2026-09-14	Unavailable	Unavailable	1 / 3
2026-09-15	Unavailable	Unavailable	1 / 3
2026-09-16	Unavailable	Unavailable	1 / 3
2026-09-17	Unavailable	Unavailable	1 / 3
2026-09-18	Unavailable	Unavailable	1 / 3
2026-09-19	Unavailable	Unavailable	1 / 3
2026-09-20	Unavailable	Unavailable	1 / 3
2026-09-21	Unavailable	Unavailable	1 / 3
2026-09-22	Unavailable	Unavailable	1 / 3
2026-09-23	Unavailable	Unavailable	1 / 3
2026-09-24	Unavailable	Unavailable	1 / 3
2026-09-25	Unavailable	Unavailable	1 / 3
2026-09-26	Unavailable	Unavailable	1 / 3
2026-09-27	Unavailable	Unavailable	1 / 3
2026-09-28	Unavailable	Unavailable	1 / 3
2026-09-29	Unavailable	Unavailable	1 / 3
2026-09-30	Unavailable	Unavailable	1 / 3
2026-10-01	Unavailable	Unavailable	1 / 3
2026-10-02	Unavailable	Unavailable	1 / 3
2026-10-03	Unavailable	Unavailable	1 / 3
2026-10-04	Unavailable	Unavailable	1 / 3
2026-10-05	Unavailable	Unavailable	1 / 3
2026-10-06	Unavailable	Unavailable	1 / 3
2026-10-07	Unavailable	Unavailable	1 / 3
2026-10-08	Unavailable	Unavailable	1 / 3
2026-10-09	Unavailable	Unavailable	1 / 3
2026-10-10	Unavailable	Unavailable	1 / 3
2026-10-11	Unavailable	Unavailable	1 / 3
2026-10-12	Unavailable	Unavailable	1 / 3
2026-10-13	Unavailable	Unavailable	1 / 3
2026-10-14	Unavailable	Unavailable	1 / 3
2026-10-15	Unavailable	Unavailable	1 / 3
2026-10-16	Unavailable	Unavailable	1 / 3
2026-10-17	Unavailable	Unavailable	1 / 3
2026-10-18	Unavailable	Unavailable	1 / 3
2026-10-19	Unavailable	Unavailable	1 / 3
2026-10-20	Unavailable	Unavailable	1 / 3
2026-10-21	Unavailable	Unavailable	1 / 3
2026-10-22	Unavailable	Unavailable	1 / 3
2026-10-23	Unavailable	Unavailable	1 / 3
2026-10-24	Unavailable	Unavailable	1 / 3

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	2	2	1
2026-06-01	2	2	1
2026-07-01	2	2	1
2026-08-01	2	2	1
2026-09-01	2	2	1
2026-10-01	1	2	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 1 Buy / Strong Buy · 2 Hold · 1 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain capital expenditures between $60M and $70M in 2026Capital expenditures: $16.533M
Return to positive or breakeven earnings by end of 2026Published status: Broken
Stabilize revenue near $2.23 billion in 2026Published status: Broken

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

2.2%Typical daily move · historical

Downside history

-58.1%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

EW Scripps Co. (The) outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a high-risk transformation story in a challenging sector, not a proven durable compounder. The current thesis is in a watch state: recent performance has been weak, and the signal has shifted from mixed to cautious.

What's priced into EW Scripps Co. (The)

The valuation evidence points to SSP being cheap versus peers, while the model’s expectations gap is negative. Confidence in that valuation read is low, and the evidence does not show a high level of pricing fragility.

What the fundamentals likely do

Near term, results remain vulnerable: SSP reported an earnings miss on August 7, 2026, and its recent financial performance is well below its industry cohort. Over the multi-year view, lower expenses show some progress toward management’s transformation plan, but operating losses and a 5.4% decline in Local Media revenue remain challenges.

What EW Scripps Co. (The) hinges on

The multi-year thesis hinges on management delivering its targeted annualized EBITDA growth by 2028 while improving station performance and managing costs. Near term, a guidance cut would be a meaningful negative; easing interest rates or continued strength among sector peers could provide a more supportive backdrop.