UBS Revises Estimates on Scripps Networks Interactive (SNI); Tweaking Ad Growth and Raising EPS
Tweet Send to a FriendGet Alerts SNI Hot Sheet
Price: $68.80 +0.54%
Rating Summary:
4 Buy, 10 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
4 Buy, 10 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade SNI Now!
UBS maintains a 'Neutral' on Scripps Networks Interactive (NYSE: SNI) price target of $61.00 (from $55.00).
Analyst, John Janedis, said, "We're tweaking our estimates higher following management’s presentation focused on 1) recovery in scatter and ratings following the Olympics; 2) near term opportunities with distribution partners that will including digital rights/TV everywhere as well as opportunities with SVODs; 3) Focus on capital allocation and the balance between share repurchases and investments, and 4) International areas of interest."
UBS raises Q3 EPS/Revenue from $0.67/$546M to $0.70/$551M. FY12 from $3.31/$2.291B to $3.32/$2.296B.
For an analyst ratings summary and ratings history on Scripps Networks Interactive click here. For more ratings news on Scripps Networks Interactive click here.
Shares of Scripps Networks Interactive closed at $61.52 yesterday, with a 52 week range of $35.44-$61.83.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, John Janedis, said, "We're tweaking our estimates higher following management’s presentation focused on 1) recovery in scatter and ratings following the Olympics; 2) near term opportunities with distribution partners that will including digital rights/TV everywhere as well as opportunities with SVODs; 3) Focus on capital allocation and the balance between share repurchases and investments, and 4) International areas of interest."
UBS raises Q3 EPS/Revenue from $0.67/$546M to $0.70/$551M. FY12 from $3.31/$2.291B to $3.32/$2.296B.
For an analyst ratings summary and ratings history on Scripps Networks Interactive click here. For more ratings news on Scripps Networks Interactive click here.
Shares of Scripps Networks Interactive closed at $61.52 yesterday, with a 52 week range of $35.44-$61.83.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Jefferies Bumps Zumiez (ZUMZ) Numbers Up, But Remains on Sidelines
- Janney Capital Boosts PT on Gap (GPS) Post Q1
- UPDATE: A.G. Lafley Gives Procter & Gamble (PG) Investors 'New Hope', UBS Upgrades to Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
UBS
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
