Alert: New Earnings Report (12/7/23)-Lee Enterprises Inc (NASDAQ: LEE).


Lee Enterprises Inc (NASDAQ: LEE) has reported a loss for its fourth fiscal quarter (ending September 30) of $-0.32 versus a loss $-1.23 for the same period a year ago. E.P.S. were $-0.90 for the latest four quarters through September 30 versus $-0.35 for the same period a year ago.


Recent Price Action

Lee Enterprises Inc (NASDAQ: LEE) stock suffered a major decline of -16.6% on 12/7/23. The shares closed at $9.17. Moreover, exceptionally high trading volume at 413% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -18.2% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, LEE is expected to be Value Creation neutral.

Lee Enterprises has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Lee Enterprises has a slightly negative Power Rating of 40 and a very low Appreciation Score of 4, triggering the Lowest Value Trend Rating.

Rating Review

In light of this new information and highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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