Scripps to present on business strategies at three upcoming investor conferences

What happened

The E.W. Scripps Company said its executives will present on business strategies at three investor conferences in November and December, including Bank of America, UBS and Wells Fargo events. Live webcasts and replays will be available.

Confirmed

Global impact / market context

These appearances give Scripps management a chance to explain its plans directly to investors and lenders. Clear communication can affect how investors view the company's strategy, its costs and its ability to generate cash available for debt and operations.

Analyst inference

Investor conferences often shape how investors position themselves in a stock. Presentations and one-on-one meetings can sway views on Scripps' broadcasting business, advertising revenue trends and balance sheet, which may influence demand for shares and borrowing costs.

Analyst inference

What to watch

1. Scripps executives will present at the Bank of America, UBS and Wells Fargo conferences in December, with some sessions webcast live and replays posted online for investors. Confirmed
2. Watch whether management discusses steps to reduce borrowed money, which means debt, or to protect cash available, which means liquidity, during the conference meetings and presentations. Proposed
3. Any comments on advertising revenue and local broadcasting demand could shift investor views on Scripps' profit per sale, which means margin, and on future capital spending plans. Analyst inference

Evidence

• globenewswire.com