In This Article:
Lee Enterprises (NASDAQ:LEE) Full Year 2024 Results
Key Financial Results
-
Revenue: US$611.4m (down 12% from FY 2023).
-
Net loss: US$25.8m (loss widened by 391% from FY 2023).
-
US$4.35 loss per share (further deteriorated from US$0.90 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lee Enterprises Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 115%.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.9% growth forecast for the Media industry in the US.
Performance of the American Media industry.
The company's shares are up 3.4% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Lee Enterprises (1 makes us a bit uncomfortable) you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.