Lee Enterprises (NASDAQ:LEE) reported its Q2 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Lee Enterprises missed estimated earnings by 98.04%, reporting an EPS of $-1.01 versus an estimate of $-0.51.
Revenue was down $19.33 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 4.52% drop in the share price the next day.
Here’s a look at Lee Enterprises’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.27 | 1.31 | 0.48 | -0.11 |
| EPS Actual | 0.19 | -1.09 | -0.05 | -1.26 |
| Revenue Estimate | 192.80M | 191.20M | 191.71M | 200.30M |
| Revenue Actual | 185.13M | 193.64M | 195.04M | 190.01M |
To track all earnings releases for Lee Enterprises visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
