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Lee Enterprises Full Year 2023 Earnings: Misses Expectations

Lee Enterprises (NASDAQ:LEE) Full Year 2023 Results

Key Financial Results

  • Revenue: US$691.1m (down 12% from FY 2022).

  • Net loss: US$5.27m (loss widened by 161% from FY 2022).

  • US$0.90 loss per share (further deteriorated from US$0.35 loss in FY 2022).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lee Enterprises Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) was also behind analyst expectations.

In the last 12 months, the only revenue segment was Publishing - Newspapers contributing US$691.1m. Explore how LEE's revenue and expenses shape its earnings.

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The company's shares are down 20% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Lee Enterprises (including 2 which can't be ignored).

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.