Lee Enterprises (LEE) Scheduled to Post Earnings on Thursday

Lee Enterprises (NYSE:LEE) is set to announce its earnings results before the market opens on Thursday, May 2nd. Investors that wish to register for the company’s conference call can do so using this link.

Lee Enterprises (NYSE:LEE) last posted its quarterly earnings results on Thursday, February 1st. The company reported $0.12 earnings per share for the quarter. The business had revenue of $155.68 million during the quarter. Lee Enterprises had a negative net margin of 0.86% and a negative return on equity of 30.92%.

Lee Enterprises Stock Performance

LEE opened at $12.65 on Thursday. The firm has a market cap of $77.67 million, a P/E ratio of -13.18 and a beta of 1.18. Lee Enterprises has a 1-year low of $7.56 and a 1-year high of $15.89. The company has a 50 day simple moving average of $11.78 and a two-hundred day simple moving average of $10.31. The company has a debt-to-equity ratio of 20.47, a current ratio of 0.94 and a quick ratio of 0.87.

Insider Buying and Selling

In related news, major shareholder Digital Ltd Quint bought 46,500 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The stock was purchased at an average price of $12.92 per share, for a total transaction of $600,780.00. Following the completion of the transaction, the insider now owns 704,000 shares in the company, valued at $9,095,680. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders purchased 85,599 shares of company stock worth $1,177,335. 11.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Lee Enterprises from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th.

Lee Enterprises Company Profile

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management.