Scripps Networks (SNI) Tops Q1 EPS by 2c

Scripps Networks (NYSE: SNI) reported Q1 EPS of $0.94, $0.02 better than the analyst estimate of $0.92. Revenue for the quarter came in at $658 million versus the consensus estimate of $661.11 million.

“As consumers take increasing advantage of the growing number of ways to enjoy video content, powerful brands that resonate with people across multiple platforms and devices become ever more important,” said Kenneth W. Lowe, chairman, president and chief executive officer. “Upscale consumers have built deep and enduring relationships with our brands both in the United States and, increasingly, in international markets. By leveraging that relationship, and by broadening our engagement and reach, we are building consistent long-term value for advertisers, distribution platforms, viewers, and shareholders.”

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

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