Lee Enterprises Reports 1Q Earnings

By: Quad City Business Journal

Davenport publisher Lee Enterprises, Inc., reported preliminary earnings today of 28 cents per diluted common share for its first fiscal quarter ended Dec. 30, compared with 32 cents a year ago.

Excluding unusual matters, adjusted earnings per diluted common share totaled 20 cents, compared with earnings of 37 cents a year ago, primarily due to higher interest cost in the current year quarter.

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