Scripps Networks Interactive Q2 Profit Rises - Quick Facts

(RTTNews) - Scripps Networks Interactive, Inc. (SNI) reported that second-quarter net income attributable to SNI increased to $193.72 million or $1.49 per share from $153.79 million or $1.07 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter was $1.47 per share, compared to $1.14 per share in the year-ago quarter.

On average, 20 analysts polled by Thomson Reuters expected the company to report earnings of $1.26 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues for the quarter increased 3.4 percent to $732.10 million from $708.13 million in the same quarter last year. Analysts expected revenue of $728.86 million for the quarter.

Looking ahead to fiscal 2015, the company expects total revenue to increase about 12 percent as a result of the TVN acquisition. Street is currently looking for full-year 2015 revenue growth of 12 percent to $2.98 billion.