Is LEE's Q4 2024 EPS trend concerning?

**Lee Enterprises Inc.'s (LEE) Q4 2024 EPS trend indicates challenges**, as evidenced by the following points:

1. **Q4 2024 EPS Performance**: LEE reported a loss of $1.69 per share in Q4 2024, which is a negative indicator and missed the estimated earnings of $0.65 per share. This shortfall reflects operational difficulties during the quarter.

|code|Ticker|Name|Date|EPS Surprise|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|LEE|LEE.O|Lee Enterprises|2024 Q1|0.14|0.12|185|
|LEE|LEE.O|Lee Enterprises|2024 Q2|-1.84|-2.06|185|
|LEE|LEE.O|Lee Enterprises|2024 Q3|-1.39|-0.73|185|
|LEE|LEE.O|Lee Enterprises|2024 Q4|-0.08||185|

2. **Revenue Shortfall**: Total operating revenue for Q4 2024 was $159 million, falling short of the analyst estimate of $169.88 million. This shortfall, coupled with the EPS loss, suggests a challenging financial period for the company.
3. **Digital Growth Amid Challenges**: Despite the revenue shortfall, LEE saw a 13% year-over-year increase in digital revenue, reaching $82 million, which is a positive aspect. However, this growth was not enough to offset the decline in print revenue and overall revenue targets.
4. **Print Revenue Decline**: Print revenue decreased by 21% compared to the previous year, totaling $312 million. This decline is a significant concern, as it indicates a shift towards digital platforms that LEE is attempting to capitalize on.
5. **EBITDA and Profitability**: The company's Adjusted EBITDA for Q4 2024 was $17 million, which is below the company's financial targets. This reflects challenges in maintaining profitability despite revenue growth.

In conclusion, while LEE has shown growth in digital revenue, the Q4 2024 EPS trend is concerning due to the reported loss, revenue shortfall, and challenges in meeting financial targets. The company's focus on digital transformation and the need to improve profitability are clear priorities for future performance.