Wall Street expects media company E.W. Scripps to report a profit of 17 cents per share and a continued decline in revenue for the 2011 fourth quarter.
The parent company of the Knoxville News Sentinel and the Memphis Commercial Appeal plans to release its latest earnings report on Friday.
Scripps beat analyst expectations in the third quarter after missing in the previous two quarters.
Looking ahead, the company projects a strong increase in television revenue in 2012 due to increased political advertising and the recent acquisition of nine TV stations from McGraw-Hill Broadcasting Co.
ce last summer.