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Scripps Networks (SNI) Beat on Earnings in Q1

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Scripps Networks Interactive Inc. 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 three out of the last four quarters, with an average beat of 18.76%.

Currently, Scripps Networks has a Zacks Rank #3 (Hold), 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 $1.53 per share beat the Zacks Consensus Estimate of $1.18. Earnings improved on a year over year basis.

Revenue: Scripps Networks reported operating revenues of $855.1 million, in line with the Zacks Consensus Estimate of $855.1 million. Revenues were up 4.7% on a year over year basis.

Key Stats: Operating revenues in the U.S. Networks’ segment climbed 4.9% to $736.9 million. Operating revenues in the International Networks segment was $125.5 million, grew 3.5% 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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