Lee Enterprises (LEE) Releases Earnings Results, Misses Expectations By $0.01 EPS

Lee Enterprises (NYSE:LEE) released its earnings results on Wednesday. The company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01), RTT News reports. Lee Enterprises had a negative return on equity of 16.83% and a net margin of 4.30%. The firm had revenue of $140.21 million during the quarter. During the same period last year, the firm earned $0.10 EPS.

Shares of Lee Enterprises (NYSE LEE) traded down $0.10 during mid-day trading on Thursday, reaching $2.30. The company had a trading volume of 871,800 shares, compared to its average volume of 175,598. The stock has a market capitalization of $136.12, a PE ratio of 7.06 and a beta of 2.13. Lee Enterprises has a 12 month low of $1.75 and a 12 month high of $3.65. The company has a debt-to-equity ratio of -5.10, a quick ratio of 0.74 and a current ratio of 0.77.

Separately, TheStreet raised Lee Enterprises from a “d+” rating to a “c” rating in a research note on Monday, October 9th.

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About Lee Enterprises

Lee Enterprises, Incorporated is a provider of local news and information, and a platform for print and digital advertising. The Company’s products included 46 daily and 34 Sunday newspapers, 300 weekly newspapers, and classified and niche publications, as of September 25, 2016. The Company also provides a range of digital products, including video, digital couponing, behavioral targeting, audience retargeting, banner advertisements and social networking.

Earnings History for Lee Enterprises (NYSE:LEE)

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