Lee Enterprises Inc reports results for the quarter ended in March - Earnings Summary

Lee Enterprises

04/05/2023 20:06

* Lee Enterprises Inc  LEE.OQ  reported a quarterly adjusted
loss
of 1 cent​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 51 cents per
share.
    * Revenue fell 10.2% to $170.69 million from a year ago;
analysts
expected $173.70 million. 
    * The mean earnings estimate of analysts had fallen by
about 288.9% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Lee Enterprises Inc shares had fallen by 11.6% this
quarter and
lost 40.7% so far this year.
    * The company reported a quarterly loss of $5.89 million.
    * Wall Street's median 12-month price target for Lee
Enterprises
Inc is $50.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 07:06 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.51          -0.01          Beat
 Dec. 31 2022      0.90           0.19           Missed
 Sep. 30 2022      1.31           -1.09          Missed
 Jun. 30 2022      0.48           -0.05          Missed