Lee Enterprises (LEE) Releases Earnings Results, Misses Expectations By $0.01 EPS

Lee Enterprises (NYSE:LEE) announced its quarterly earnings data on Wednesday. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01), RTT News reports. The firm had revenue of $140.21 million during the quarter. Lee Enterprises had a net margin of 4.85% and a negative return on equity of 13.80%. During the same period in the prior year, the company posted $0.10 earnings per share.

Lee Enterprises (NYSE:LEE) opened at $2.30 on Friday. The company has a market capitalization of $130.45, a P/E ratio of 8.85 and a beta of 2.13. Lee Enterprises has a fifty-two week low of $1.75 and a fifty-two week high of $3.65. The company has a current ratio of 0.77, a quick ratio of 0.74 and a debt-to-equity ratio of -5.10.

Separately, TheStreet raised Lee Enterprises from a “d+” rating to a “c” rating in a report on Monday, October 9th.

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Lee Enterprises Company Profile

Lee Enterprises, Incorporated is a provider of local news and information, and a platform for print and digital advertising. The Company’s products included 46 daily and 34 Sunday newspapers, 300 weekly newspapers, and classified and niche publications, as of September 25, 2016. The Company also provides a range of digital products, including video, digital couponing, behavioral targeting, audience retargeting, banner advertisements and social networking.

Earnings History for Lee Enterprises (NYSE:LEE)

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