As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at consumer discretionary - broadcasting stocks, starting with E.W. Scripps (NASDAQ:SSP).

E.W. Scripps’ second quarter was marked by operational disruptions and external challenges, yet the market responded positively to management’s transformation efforts. CEO Adam Symson acknowledged the quarter did not meet his expectations, attributing revenue softness to sudden changes in television audience measurement by Nielsen, ongoing declines in linear TV viewing, and temporary blackouts with major pay TV providers. While these factors pressured both advertising and distribution revenue, S

Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.

Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP) missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 9.2% year on year to $490.4 million. Its GAAP loss of $12.68 per share was significantly below analysts’ consensus estimates.

Scripps raises transformation savings guidance to $100 million and secures first NBA agreement, while navigating a $1.1 billion goodwill impairment and Nielsen measurement challenges.

E.W. Scripps (NASDAQ:SSP) reported second-quarter results marked by higher political advertising revenue and progress on cost reductions, but also by weaker networks revenue, carriage-dispute effects and a $1.1 billion non-cash impairment charge tied to its Scripps Networks business. The company re

A $1. 1 billion non-cash impairment charge weighed heavily on The E.

Moby summary of The E.W. Scripps Company's Q2 2026 earnings call

E.W. Scripps (SSP) delivered earnings and revenue surprises of -9.68% and -7.12%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP) missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 9.2% year on year to $490.4 million. Its GAAP loss of $12.68 per share was significantly below analysts’ consensus estimates.

Investors can certainly boost their returns by concentrating on stocks trading between $1 and $10. However, a disciplined approach is necessary because many of these businesses are speculative and lack the underlying fundamentals to support their prices.

The performance of consumer discretionary businesses is closely linked to economic cycles. Over the past six months, it seems like demand may be facing some headwinds as the industry’s 2.2% return has lagged the S&P 500 by 4 percentage points.

Aug. 6 vote could replace the 39% ownership cap with case-by-case reviews, supporting further broadcast consolidation.