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Lee Enterprises Inc  (LEE)
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    Sector  Services    Industry Publishing & Information
   Industry Publishing & Information
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Lee Enterprises Inc

LEE's Financial Statements and Analysis



Lee Enterprises Inc reported in the first quarter of 2024 net earnings per share of $0.12 a decrease by -36.84 % year on year from $0.19 and an improvement compare to net loss per share of $-0.31 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ 0.12 $  156 Mill
$-0.07     -36.84 % $-29M     -15.91 %



Lee Enterprises Inc's Revenue fell by -15.91 % in first quarter of 2024 (Dec 24 2023) year on year, to $156 million and declined by -5.08 % sequentially.


Lee Enterprises Inc is

More on LEE's Income Statement



Lee Enterprises Inc's net income of $1.233 million in the first quarter of 2024 decreased by -32.4 % from net earnings of $1.824 million achieved in I. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-1.325 million recorded in previous quarter.

More on LEE's Growth

Lee Enterprises Inc Inventories
Inventories declined by -15.06 % to $7.64 million from I. Quarter a year ago, sequentially inventories rose by 1.77 %. LEE's Cash flow In the first quarter of 2024 company's net cash flow was $1 million, capital expenditures grew by -1.187-13.23%, to $-1 millions compare to same quarter a year ago

More on LEE's Cash flow Statement


Lee Enterprises Inc does not pay out common stock dividend.

In trailing twelve-month period Lee Enterprises Inc payed $ -0.13 cash per share, on a free-cash flow basis .

Book value fell by -4.45 % sequentially to $3.87 per share, -19.01% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ -69.15 per share from $ -68.48.

Company repurchased 0.12 million shares or 2.03 % in Dec 24 2023.
Interest Coverage Ratio was 0.91. Debt Coverage Ratio was 0.08.

More on LEE's Dividends

 Market Capitalization (Millions) 88
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 454
 Revenue (TTM) (Millions $) 662
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) -5
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 4,400




Lee Enterprises Inc does not pay out common stock dividend.

In trailing twelve-month period Lee Enterprises Inc had negative $ -0.13 cash flow per share, on a free-cash flow basis .

Book value fell by -4.45 % sequentially to $3.87 per share, -19.01% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ -69.15 per share from $ -68.48.

Company repurchased 0.12 million shares or 2.03 % in Dec 24 2023.
Interest Coverage Ratio was 0.91. Debt Coverage Ratio was 0.08.

More on LEE's Balance Sheets

 Market Capitalization (Millions) 88
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 454
 Revenue (TTM) (Millions $) 662
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) -5
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 4,400
   


  News about Lee Enterprises Inc Earnings

Lee Enterprises Inc Faces Revenue Softness in Recent Fiscal Period, Raising Concerns for Future Growth



Lee Enterprises Inc, a company trading on the NASDAQ, has witnessed a significant increase in its stock performance over the past 30 days. Coupled with positive growth in adjusted EBITDA and digital-only subscribers, the company appears to be on a promising trajectory. However, a closer analysis of its financial results for the first quarter of 2024 reveals some challenges that may impact the company in the coming months.
Positive Highlights:
1. Adjusted EBITDA Growth: Lee Enterprises Inc experienced a 6% year-on-year growth in adjusted EBITDA, signaling improved operational efficiency and profitability.
2. Digital Success: The company reported a remarkable increase of 30% in digital-on...

Financial Fourth Quarter of 2023 Reveals a Drastic Shortfall Amid Weak Sales



Lee Enterprises Inc, a renowned Publishing and Information company, has recently released its financial fourth-quarter results for 2023. Unfortunately, the numbers indicate a significant decline in performance compared to the previous year, raising concerns about the company's future prospects. This article aims to provide an extensive bearish analysis based on these financial figures and other relevant factors.
Dismal Financial Performance
In the financial fourth quarter of 2023, Lee Enterprises Inc experienced a loss of $0.31 per share, which is a notable increase from the loss of $1.16 per share reported in the same period a year ago. Furthermore, the EPS fell from $0.25 per share in the...

Dramatic Turnaround: Lee Enterprises Surprises with Boom in Earnings Despite Revenue Drop in Q3 2023!

The stock market has been buzzing with excitement as Lee Enterprises Incorporated recently released its earning report for the third quarter of 2023. Shareholders and investors alike are pleased to learn that the company has turned things around, with earnings per share (EPS) skyrocketing to $0.25. This marks a significant improvement from last year when the EPS was in the negatives at $-0.05. Furthermore, the EPS has turned positive from $-1.01 per share from the previous financial reporting period, showcasing the company's impressive growth.
While the revenue declined by approximately 12.165% to $171.31 million from $195.04 million in the same financial reporting period a year ago, the company experien...

Confronting the adversities, the LEE over the most recent fiscal period

Lee Enterprises Inc. has reported a loss of $-1.01 per share for the fiscal second quarter of 2023, compared to $-1.26 a year before, indicating a positive impact on company performance. While the income per share fell from $0.19 per share from the preceding reporting period, it is still better than the loss reported last year. However, the revenue declined significantly by -10.171% to $170.69 million in the same reporting period a year before.
Despite sequential revenue deterioration by -7.802% from $185.13 million, Lee Enterprises Inc. reported a net deficit of $-5.366 million instead of $-6.694 million in the same reporting period a year ago, indicating a slight improvement in the company's financial ...


Date modified: 2024-02-03T10:32:50+00:00





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