NasdaqGS:LEEMedia
Lee Enterprises (LEE) Stock Hints At A Turn As Profit Returns
Lee Enterprises stock barely flinched after earnings, ticking up less than 1% to about $8, even as the business delivered one of its cleanest profit turns in years. This is a company that came into this report with a weak recent share run over the past month, yet just posted Q3 basic earnings per share of $0.21 and net income of $4.7m on revenue of about $126m.
The key development is sentiment catching up with a profit story that has been absent for a long time. The question now is whether...