Scripps Networks Interactive (SNI) Set to Announce Quarterly Earnings on Thursday
Scripps Networks Interactive (NYSE:SNI) will be announcing its Q114 earnings results on Thursday, May 8th. Analysts expect the company to announce earnings of $0.82 per share and revenue of $645.05 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Scripps Networks Interactive (NYSE:SNI) last released its earnings data on Friday, February 14th. The company reported $0.73 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.97 by $0.24. The company had revenue of $654.00 million for the quarter, compared to the consensus estimate of $655.62 million. During the same quarter last year, the company posted $0.84 earnings per share. Scripps Networks Interactive’s revenue was up 8.2% compared to the same quarter last year. On average, analysts expect Scripps Networks Interactive to post $3.99 EPS for the current fiscal year and $4.54 EPS for the next fiscal year.
Scripps Networks Interactive (NYSE:SNI) opened at 74.60 on Wednesday. Scripps Networks Interactive has a 52-week low of $64.02 and a 52-week high of $86.62. The stock has a 50-day moving average of $75.2 and a 200-day moving average of $77.60. The company has a market cap of $10.913 billion and a price-to-earnings ratio of 22.34.
Several analysts have recently commented on the stock. Analysts at Wunderlich upgraded shares of Scripps Networks Interactive from a “hold” rating to a “buy” rating in a research note on Friday, April 4th. They now have a $90.00 price target on the stock, up previously from $86.00. They noted that the move was a valuation call. On the ratings front, analysts at Sanford C. Bernstein raised their price target on shares of Scripps Networks Interactive from $83.00 to $84.00 in a research note on Thursday, February 20th. Finally, analysts at Argus upgraded shares of Scripps Networks Interactive from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. They now have a $100.00 price target on the stock. Ten analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $83.38.
Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content for television and the Internet with television and interactive brands.
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