Scripps Networks (SNI) Tops Q2 EPS by 1c

Scripps Networks (NYSE: SNI) reported Q2 EPS of $1.14, ex-items, $0.01 better than the analyst estimate of $1.13. Revenue for the quarter came in at $708 million versus the consensus estimate of $710.23 million.

“The company delivered another solid quarter validating the strength of our lifestyle brands and the quality of viewers they attract both domestically and internationally,” said Kenneth W. Lowe, chairman, president and chief executive officer of Scripps Networks Interactive. “Our popular lifestyle networks delivered on our expectations for the quarter. Our confidence in the company enabled us to continue investing in our brands by developing compelling content, while returning cash to shareholders through our share repurchase program.”

For earnings history and earnings-related data on Scripps Networks (SNI) click here.

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