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Lee Enterprises, Incorporated Message Board

  • pipbustergreen pipbustergreen Dec 11, 2010 3:17 PM Flag

    LEE Guidance for Q1,11

    In the release of LEE's 2010 10K, they gave guidance for the upcoming quarter related to revenue and costs. On page 20 of the report, they state operating revenue will decline 1% versus the same quarter last year. They also state that employment and auto classified advertizing turned positive year over year. On page 21, they said costs will be down 1% when compared with the same quarter last year. With debt average cost now at 4.93%, expect that this quarter's results will be better than the $0.25/share (ex items) posted in last year's fiscal 1st quarter. Cash flow should also be considerable given this guidance.

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