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

Lee Enterprises

07/12/2023 15:08

* Lee Enterprises Inc  LEE.OQ  reported a quarterly adjusted
loss
of 32 cents​​ per share for the quarter ended in September,
higher than the same quarter last year, when the company
reported EPS of $-1.09.  The lone analyst forecast for the
quarter was for earnings of $1.40 per share. 
    * Revenue fell 15.3% to $164.01 million from a year ago;
analysts
expected $173.40 million. 
    * Lee Enterprises Inc's reported EPS for the quarter was a
loss
of 32 cents​.
    * The company reported a quarterly loss of $1.98 million.
    * Lee Enterprises Inc shares had risen by 2.7% this
quarter and
lost 40.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the consumer
publishing
peer group is also "buy"

Wall Street's median 12-month price target for Lee Enterprises
Inc is $45.00 
This summary was machine generated from LSEG data December 7 at
03:07 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 2023      1.40           -0.32          Missed
 Jun. 30 2023      0.93           0.25           Missed
 Mar. 31 2023      -0.51          -0.01          Beat
 Dec. 31 2022      0.90           0.19           Missed