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Netflix (NFLX) Q1 Earnings Top Estimates
ZACKS· 2025-04-17 22:15
Company Performance - Netflix reported quarterly earnings of $6.61 per share, exceeding the Zacks Consensus Estimate of $5.69 per share, and up from $5.28 per share a year ago, representing an earnings surprise of 16.17% [1] - The company posted revenues of $10.54 billion for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.04%, but up from $9.37 billion year-over-year [2] - Over the last four quarters, Netflix has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Netflix shares have increased approximately 7.9% since the beginning of the year, contrasting with the S&P 500's decline of -10.3% [3] - The current consensus EPS estimate for the upcoming quarter is $6.22 on revenues of $10.96 billion, and for the current fiscal year, it is $24.50 on revenues of $44.4 billion [7] Industry Outlook - The Broadcast Radio and Television industry, to which Netflix belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Netflix's stock performance [5][6]
Scripps to report first-quarter 2025 operating results on May 8
Prnewswire· 2025-04-17 13:46
CINCINNATI, April 17, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report first-quarter 2025 operating results after the markets close on Thursday, May 8. The call with the company's senior management team will take place at 9:30 a.m. Eastern time on Friday, May 9. The company's protocol for joining its earnings calls is as follows: To access a live webcast of the call, participants will need to register by visiting http://ir.scripps.com/. The registration link can be found on that page ...
Scripps wins National Association of Broadcasters' Service to America Award for its hurricane relief efforts
Prnewswire· 2025-04-15 15:31
Core Points - The E.W. Scripps Company received the 2025 "Service to America" award from the National Association of Broadcasters for its relief efforts following Hurricanes Helene and Milton, which were among the 10 costliest hurricanes in U.S. history [1][2] - Scripps raised over $289,000 for 29 local nonprofits to aid communities affected by the hurricanes, demonstrating the company's commitment to community service [4][5] Company Overview - The E.W. Scripps Company is a diversified media company and one of the largest local TV broadcasters in the U.S., operating over 60 stations in more than 40 markets [6] - Scripps News and other national news outlets provide quality local journalism, while the company also holds the largest broadcast spectrum in the nation [6] - The Scripps Howard Fund, established by Scripps, focuses on journalism education, childhood literacy, and local causes, supporting community engagement and informed citizenship [7][8]
Scripps completes transactions to refinance revolver and 2026, 2028 term loans
Prnewswire· 2025-04-10 20:15
CINCINNATI, April 10, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has successfully completed a series of previously announced refinancing transactions, which include: Refinance of approximately $110.8 million aggregate principal amount of existing tranche B-2 term loans with new tranche B-2 term loans due 2028, with remaining existing tranche B-2 term loans repaid in cash, including with proceeds from a new accounts receivable securitization facility, approximately $223.5 million of proceeds ...
Elevance Health Women's Fort Myers Tip-Off comes to Scripps Sports, ION in multiyear agreement
Prnewswire· 2025-04-09 13:00
First national women's college basketball rights deal for Scripps Sports "As the popularity of women's sports among audiences and advertisers continues to explode, the Elevance Health Women's Fort Myers Tip-Off will immediately become another major sports property for ION," said Brian Lawlor, Scripps Sports president. "We're proud that women's sports have found a home on ION, and we look forward to bringing fans the action-packed world of women's college basketball this fall." "Scripps Sports and ION are no ...
The Las Vegas Aces partner with Scripps Sports to broadcast regular season games on Vegas 34
Prnewswire· 2025-03-13 20:16
Core Points - The Las Vegas Aces have signed a multiyear agreement with Scripps Sports to make Vegas 34 the official broadcast home for their games, including all non-nationally exclusive games [1][2] - The partnership includes the production of a weekly show titled "In the Paint," which will feature highlights and behind-the-scenes content related to the Aces [2][3] - The Aces have achieved significant success, winning back-to-back WNBA championships in 2022 and 2023, and are aiming for a third championship [3][6] Company Overview - The Las Vegas Aces are one of the original franchises of the WNBA, having relocated from Utah to San Antonio and then to Las Vegas in 2018 [6] - The team has seen substantial growth, including the establishment of a 50,000 square foot headquarters, the first of its kind for a WNBA team [7] - The Aces have also achieved record ticket sales, being the first WNBA franchise to sell out its entire season ticket allotment in March 2024 [7] Industry Context - Scripps Sports has a broad reach in local and national sports broadcasting, partnering with various leagues and teams, including the WNBA and NHL [8] - The partnership with the Aces enhances Scripps Sports' portfolio, allowing them to broadcast a successful team with a passionate fan base [4][8]