Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Lee Enterprises Inc. (LEE)
NASDAQ:LEE
Holding LEE?
Track your performance easily
Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-$0.4Last Year’s EPS
$0.12Same Quarter Last Year
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Dec 12, 2024
|% Change Since: -9.01%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant positive developments in the company's digital transformation, including surpassing print revenue, strong growth in digital subscriptions and marketing services, effective cost management, and promising AI partnerships. While print revenue is declining, the company is successfully managing this transition.Company Guidance
During Lee Enterprises' Q4 2024 earnings call, significant guidance was provided, showcasing a strong emphasis on digital transformation and growth. The company reported digital revenue constituting 51% of total revenue, marking a 7-point improvement over the previous year. Digital subscription revenue grew by 41% on a same-store basis, while the Amplified Digital Agency reported a 21% growth in the quarter and is projected to approach $100 million annually. The fiscal year's digital revenue reached nearly $300 million, reflecting a 70% annual growth rate over the past three years. Cost management efforts resulted in $82 million savings, and the company aims to surpass $450 million in digital revenue by 2028. Digital revenue is expected to grow between 7% to 10% next year, with adjusted EBITDA seeing low single-digit growth. The company also highlighted strategic AI partnerships to fuel future growth and achieve long-term digital goals.Digital Revenue Surpasses Print Revenue
In 2024, Lee achieved a significant milestone where digital revenue surpassed print revenue, with digital revenue reaching 51% of total revenue, a 7-point improvement over the prior year quarter.
Strong Growth in Digital Subscription Business
Lee's digital subscription business grew revenue by 41% on a same-store basis and has been growing at 46% annually over the last 3 years.
Digital Marketing Services Growth
Amplified Digital Agency showed strong growth, increasing revenue by 21% in the quarter and 33% annually over the past 3 years.
Cost Management and Asset Monetization
The company achieved $82 million in cost savings in 2024 and closed over $13 million of asset sales, with an additional $25 million identified for monetization.
AI Partnerships
Lee announced strategic AI partnerships with Perplexity, ProRata.ai, and Amazon Web Services to enhance ad creative and content distribution.
---
LEE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LEE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 12, 2024 | $16.65 | $16.55 | -0.60% |
| Aug 01, 2024 | $10.10 | $9.70 | -3.96% |
| May 02, 2024 | $12.21 | $12.50 | +2.38% |
| Feb 01, 2024 | $10.83 | $9.62 | -11.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Lee Enterprises Inc. (LEE) report earnings?
Lee Enterprises Inc. (LEE) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Lee Enterprises Inc. (LEE) earnings time?
Lee Enterprises Inc. (LEE) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LEE EPS forecast?
LEE EPS forecast for the fiscal quarter 2025 (Q1) is -$0.4.
---