Scripps Networks (SNI) Tops Q3 EPS by 8c, Updates Guidance

Scripps Networks (NYSE: SNI) reported Q3 EPS of $1.06, $0.08 better than the analyst estimate of $0.98. Revenue for the quarter came in at $776.1 million versus the consensus estimate of $760.96 million.

2015 Updated Full-year Guidance

The company now expects full-year revenue to increase approximately 13 percent. Due to the impact of purchase accounting, depreciation and amortization is now expected to be approximately $145 million. Finally, as a result of our 100 percent ownership of TVN, we now expect interest expense to be approximately $110 million.

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

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