Recap: Lee Enterprises Q2 Earnings

Lee Enterprises 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.

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