Lee Enterprises (NYSE:LEE) released its earnings results on Friday. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.04), MarketWatch Earnings reports. The business had revenue of $139.75 million during the quarter. Lee Enterprises had a net margin of 8.24% and a negative return on equity of 32.81%.
LEE opened at $1.94 on Friday. The company has a market capitalization of $118.15 million, a price-to-earnings ratio of 5.91 and a beta of 1.62. Lee Enterprises has a 12-month low of $1.94 and a 12-month high of $3.30.
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Lee Enterprises, Incorporated provides local news and information, and advertising services primarily in the Midwest, Mountain West, and West regions of the United States. It publishes 47 daily newspapers with 0.8 million circulation units, as well as Sunday newspapers with 1.2 million circulation units; and 300 weekly newspapers, and classified and niche publications in 22 states with print and related digital operations.
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