# Scripps Q3 Earnings Beat

> E.W. Scripps beats earnings estimates with strong political ad revenue and local media growth.
- Title: Scripps Q3 Earnings Beat | Shortify
- Summary: E.W. Scripps beats earnings estimates with strong political ad revenue and local media growth. E.W.
- Keywords: e.w. scripps company, ssp, q3 2026, earnings, political advertising, local media, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/e-w-scripps-q3-2026-eps-tops-expectations-revenue-up-4
- Author: AlphaStreet Newsdesk
- Published: 2026-11-06T17:01:12+00:00
- Read time: 1 min
- Topics: e.w. scripps company, ssp, q3 2026, earnings, political advertising, local media
## Earnings Beat
E.W. Scripps Company delivered Q3 2026 diluted earnings of $0.21 per share, crushing the consensus estimate of -$0.05 by 520%.
## Political Revenue Surge
Political advertising revenue reached $82.6M, 44% above 2022 levels and driving a dramatic turnaround from Q3 2025's $0.55 loss.

> We are now three days past the midterm election, and I’m pleased to report that we ended the cycle above even our guidance from last week and 44% above our record 2022 midterm political revenue level at $284 million.
## Local Media Growth
Local Media segment generated $372.8M revenue, a 14.5% year-over-year increase across 60 television stations.
## Cost Discipline
Management targets $100 million in run-rate savings by year-end to support sustained profitability beyond political revenue.

> We’re on track, as discussed last quarter, to deliver $100 million of that in run-rate savings by year-end.
## Skepticism Ahead
Analysts show 1 buy, 4 hold, and 5 sell ratings, signaling concerns about long-term profitability without political revenue.
## Key takeaway

E.W. Scripps reported Q3 2026 earnings of $0.21 per share, exceeding estimates by 520% and driving a 2.4% stock rise.