E.W. Scripps Co. reported its upcoming earnings will badly miss estimates, sending shares sharply lower. Looking ahead, EPS will come in between $0.39-0.43; analyst estimates had been for EPS of $0.52. Shares dropped $2.65, or 5.1%, to $49.51 on the news. Scripps is feeling the sting of a declining print news industry as sales are expected to slide 7% for its newspaper unit. In addition, profits from Scripps Interactive, a network of comparison-shopping websites such as Shopzilla and uSwitch will likely fall by as much as 35%.SSP). Competitors: Belo Corp. (NYSE:BLC), Lee Enterprises (NYSE:LEE)
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