Lee Enterprises Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters
2024-12-12
Lee Enterprises Inc reports results for the quarter ended September 30 - Earnings Summary
  • Lee Enterprises Inc LEE.OQ reported a quarterly adjusted loss of $1.69​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -32 cents. The lone analyst forecast for the quarter was for earnings of 65 cents per share.

  • Revenue fell 3.3% to $158.57 million from a year ago; analysts expected $169.88 million.

  • Lee Enterprises Inc's reported EPS for the quarter was a loss of $1.69​.

  • The company reported a quarterly loss of $10.09 million.

  • Lee Enterprises Inc shares had risen by 91.2% this quarter and gained 111.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 225% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • Wall Street's median 12-month price target for Lee Enterprises Inc is $25.00

This summary was machine generated from LSEG data December 12 at 03:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

0.65

-1.69

Missed

Jun. 30 2024

0.68

-0.73

Missed

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