Q2 FY2026 EarningsQ2 FY26 missed consensus estimates across key financial metrics, with revenue of $490M vs. $512M expected and a significant GAAP net loss primarily driven by a $1.1B non-cash impairment. Performance was hampered by service blackouts during distribution negotiations and a 16.5% decline in Scripps Networks revenue amid a weak national advertising market. However, Local Media political revenue hit a Q2 record of $28M, and Q3 guidance for Local Media revenue (up ~20%) reflects a positive outlook for the election cycle.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Scripps(SSP) the Revenue is 490.4 M (-9.2%), Miss estimate;the EBIT is -1.158 B (-1611%), Miss estimate;the EPS is -12.68 (-2049%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.49B9.20%
0.51B5.26%
-0.02B3.94%
EBITMiss expectations
-1.16B1611.07%
0.03B62.27%
-1.19B1,548.80%
EPSMiss expectations
-12.682049.15%
-0.266.10%
-12.48002,115.25%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf