Lee Enterprises (LEE) to Release Quarterly Earnings on Thursday

Lee Enterprises (NYSE:LEE) will post its quarterly earnings results before the market opens on Thursday, May 2nd. Individual that wish to listen to the company’s earnings conference call can do so using this link.

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

Lee Enterprises Stock Performance

Shares of LEE stock traded down $0.27 during mid-day trading on Tuesday, hitting $12.57. The stock had a trading volume of 10,085 shares, compared to its average volume of 37,141. The company has a debt-to-equity ratio of 20.47, a current ratio of 0.94 and a quick ratio of 0.87. The firm’s 50-day moving average is $11.95 and its two-hundred day moving average is $10.36. Lee Enterprises has a 12-month low of $7.56 and a 12-month high of $15.89.

Insider Activity at Lee Enterprises

In related news, major shareholder Digital Ltd Quint bought 22,000 shares of the stock in a transaction on Friday, March 22nd. The stock was bought at an average price of $14.10 per share, for a total transaction of $310,200.00. Following the completion of the acquisition, the insider now directly owns 726,000 shares in the company, valued at $10,236,600. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired a total of 85,599 shares of company stock valued at $1,177,335 over the last ninety days. 11.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded 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.