Scripps Networks division of E.W. Scripps Company sees margin improvement and revenue growth

The E.W. Scripps Company (SSP) is experiencing margin improvement in its Scripps Networks division, driven by cost control and sports programming. Partnerships with NWSL and WNBA are expected to boost revenues. Expansion plans include new women’s sports content like SI Women’s Games and Fort Myers Tip-off for Q4.

In Q1 2025, Scripps Networks reported $198 million in revenues, down 5.4% YoY but with a segment profit increase to $64.1 million. The division contributed 37.8% of total revenues, achieving a segment margin of 32%, the highest since late 2022. SSP aims for 400-600 basis points margin expansion in 2025.

SSP faces tough competition in the national TV and CTV markets from Nexstar Media Group and Sinclair. Nexstar is enhancing its sports lineup with branded content, while Sinclair’s multicast networks are growing rapidly with fan-focused events and expanded distribution. Sinclair is now the fastest-growing network group in free TV.

SSP stock has surged 50.2% YTD, outperforming the industry and sector. Trading at a low forward P/S ratio of 0.13X, SSP has a Value Score of A. The Zacks Consensus Estimate for Q2 2025 loss is 4 cents per share, indicating 73.33% YoY growth.

E.W. Scripps Company (SSP) currently holds a Zacks Rank #1 (Strong Buy) position. Analysts recommend 7 elite stocks, including SSP, for early price pops. These hand-picked stocks have historically outperformed the market with an average gain of +23.5% per year.

Read more at Nasdaq: Scripps Networks’ Margins Improve: Can SSP Stock Sustain the Momentum?