SSP E.W. Scripps Co. - Ordinary Shares - Class A

$SSP the cuts are in advance of a slower 2027. Also, in time for Q4. Staff reduced with one week left to election and then declining revenues. Perfect timing. I have posted much recently but one thing overlooked is planned spectrum auction in 2027. No question they are sitting on $1-2 billion in spectrum. They sat out last auction and sold nothing because they thought it too valuable. Why do you think Sinclair offered $7 a share? None of this is on balance sheet. Their spectrum alone is worth almost all of their soon to be $2.4B in debt. You might be getting all their assets for free. $12-15 in 2028.

$SSP someone placed an order for 60,000 shares to buy a $2.69. It traded about 125,000 150,000 years in the last few minutes at $2.69 to $2.70. Someone using algos to drive Price down and to load up. Cohen has a whole team and his famous for doing this kind of thing. He filed as a passive investor at 5.2% and does have passive investments. But, the vast majority of his investments he files as an active investor. I believe he will run up to 9.9% and then file as an active investor. I think the Scripps family wanted to take this private, but Sinclair is now in the way with a seven dollar offer per share They turned down. Whatever the family offers it would put the company and play and they legally could not turn down a higher offer. 2027 is going to be very interesting.

$SSP I believe this will be four days of higher daily highs and daily higher lows as well as higher closing prices than day before. Someone today is taking out all the blocks as someone unloads.

$SSP raised its 2026 political ad revenue guide to about 275M, up from 225-250M in August, after nearly 81M in Q3. It plans to pay down at least 150M of debt in Q4, against about 2.5B of debt principal at the end of June. It also cut 431 more jobs this week, about 850 this year or nearly 20% of staff, aiming for about 100M of run-rate savings by year end. Full Q3 results come Nov 5. Release: https://www.sec.gov/Archives/edgar/data/832428/000083242826000037/ex991-pressreleasescrippsr.htm

$SSP Good Evening to everyone including the blind SSP Bears. You have the chance to own an iconic american broadcaster with spectrum rights at an incredible discount. Investment here is a no brainer and for full disclosure I am long. The value here is not difficult to see, this stock is worth +10 in my humble opinion.

$SSP Green in a sea of red. Hopefully earnings/cost cutting are enough to balance out against this wide market sell off.

$SSP Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $0.21 up 138.18% YoY • Reported revenue of $544.86M up 3.62% YoY • E.W. Scripps fourth-quarter 2026 outlook: Local Media revenue up low-to-mid 40% range, expenses about flat; Scripps Networks revenue down high single digits, expenses down low single digits; shared services and corporate about $27M.

$SSP more expensive "layoffs" will ultimately hit the official earnings numbers because Union positions don't get laid-off and have to accept expensive buyout offers. Execs will not mention this on call and it won't be reflected until next quarter's financials...get ready, the bleeding will continue!

$SSP one week away from earnings and trading in the 1's. You can pick some positive data points and per-announce but long term outlook is bleak...fire sale of some assets will be necessary but this still wont set up any long term growth.

$SSP closed $2.41 (+19.7%) on a raised FY26 political guide (~$275M) — reclaimed VWAP and printed its heaviest bar into the bell. Strong close. Watching the $2.30 hold; the $2.53 day-1 high is the tell. Trade your plan.

$SSP massive layoffs will continue because next year there is no political advertising revenue but the debt burden and shrinking traditional revenues still weigh like 2.4B tons of bricks. Ask Warren Buffett how much he likes collecting on the premium interest SSP pays on 600M of debt that they always pay late with interest penalty because cash flow is sad 😵