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E.W. Scripps Q3 2026 EPS Tops Expectations, Revenue Up 4%

E.W. Scripps (SSP) reported Q3 2026 EPS of $0.21, beating estimates by $0.26, with revenue up 3.6% YoY to $544.9M. Political ad revenue surged to $82.6M, driving growth. Local Media revenue rose 14.5% YoY. Management expects $100M in cost savings by year-end. Shares rose 2.4% post-earnings.

Original reporting
news.alphastreet.com
Published Nov 6, 2026, 5:01 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 6, 2026, 6:14 PM UTC. Informational, not investment advice.
How this was made
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E.W. Scripps Q3 2026 EPS Tops Expectations, Revenue Up 4% — source image
Source · news.alphastreet.com
Decision brief

The 30-second read

$SSPBullishMed
01

Why it matters

The earnings beat and revenue growth provide a short‑term catalyst, but sustainability concerns remain due to reliance on election‑related ad spend.

02

Market read

Earnings surprise generated a modest price rise; traders may consider short‑term positions while monitoring political ad revenue trends.

03

What to watch

Cost‑saving initiatives and the $100 M run‑rate savings target could sustain profitability beyond the political tailwind.

Relevance 7/10Novelty 8/10Timing: post‑market today

Background

E.W. Scripps is a broadcast company with a portfolio of local TV stations; Q3 2026 marks a turnaround from a loss a year ago.

Company-level read

Ticker impact

$SSPBullishHigh confidence
Context

E.W. Scripps reported Q3 2026 EPS of $0.21 beating the -$0.05 consensus and revenue up 3.6%, driving a 2.4% share rise.

Expected impact

likely modest upside as the market prices in the earnings beat and political ad boost

Evidence & confidence

The surprise profit and revenue beat are fresh data; the stock already moved up 2.4% on the news, suggesting further incremental buying.

Market effects

Sector

Political advertising strength may temporarily lift other broadcast and local media stocks.

Regional

U.S. media sector sees modest positive bias from the earnings surprise.

Global

Limited to U.S. equities; no broader macro impact.

Counterpoint

What could challenge this read

The beat is driven by non‑recurring political ad revenue; once the election cycle ends, earnings could revert to loss.

Key entities

  • company
    E.W. Scripps Company

    Broadcast media firm (NASDAQ: SSP) reporting Q3 2026 earnings.

Read at source← All news

StoryE.W. Scripps posts Q3 profit on political ad surge and cost cuts

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