Scripps Stations Drop 22% in Q2.(E. W. Scripps)(Financial report)(Brief article)

By Robert Marich

Operating profit from E. W. Scripps' TV-station group declined 22.1% to $18.3 million in the second quarter, from $23.5 million a year earlier. TV-station-group revenue slipped 4.8% to $80.5 million, from $84.5 million.

The broader picture, including its newspapers, was worse. Scripps reported a 47.5% decline in second-quarter profit, tagged by poor performance by its …