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Scripps Networks (SNI) Misses on Earnings in Q4

Scripps Networks Interactive Inc.SNI operates as a lifestyle content and interactive services company in the U.S. and internationally. The company has an impressive track record having delivered positive earnings surprises in each of the last four quarters, with an average beat of 27.89%.

Currently, Scripps Networks has a Zacks Rank #2 (Buy), but that could definitely change following earnings report which was just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings : Scripps Networks' earnings (excluding special items) of $1.02 per share fell short of the Zacks Consensus Estimate of $1.05. Earnings declined significantly on a year over year basis.

Scripps Networks Interactive, Inc Price and EPS Surprise

Scripps Networks Interactive, Inc Price and EPS Surprise | Scripps Networks Interactive, Inc Quote

Revenue : Scripps Networks reported operating revenues of $888.7 million, which beat the Zacks Consensus Estimate of $881.2 million. Revenues were up 4.3% on a year over year basis.

Key Stats : Operating revenues in the U.S. Networks' segment climbed 4.1%, on the back of impressive advertising revenue growth. Operating revenues in the International Networks segment also grew on a year-over-year basis.

Check back later for our full write up on this Scripps Networks earnings report later!

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Scripps Networks Interactive, Inc (SNI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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