E.W. Scripps (SSP) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - E.W. Scripps (SSP) is currently highlighted as a recommended growth stock by the Zacks Growth Style Score system, which evaluates a company's genuine growth potential [2] - The company has achieved a historical EPS growth rate of 32.3%, with projected EPS growth of 106.3% for the current year, significantly surpassing the industry average of 56.8% [5] Group 2: Financial Metrics - E.W. Scripps exhibits impressive cash flow growth, with a year-over-year increase of 222.4%, compared to an industry average of -25.9% [6] - The company's annualized cash flow growth rate over the past 3-5 years stands at 53.5%, while the industry average is only 1.3% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for E.W. Scripps, with the Zacks Consensus Estimate for the current year increasing by 1.4% over the past month [8] - The combination of a Growth Score of A and a Zacks Rank of 2 indicates that E.W. Scripps is positioned as a potential outperformer and a solid choice for growth investors [9]