Scripps Networks Lifts Full-year Revenue Outlook - Quick Facts

(RTTNews) - While reporting its financial results for the third quarter today, Scripps Networks Interactive Inc. (SNI), a developer of lifestyle content for television, raised its revenue growth outlook for fiscal 2015.

For fiscal 2015, Scripps Networks now expects full-year revenue to increase about 13 percent, compared to its prior outlook for revenue to increase about 12 percent as a result of the TVN acquisition.

Analysts polled by Thomson Reuters expect the company to report revenue growth of 11.8 percent to $2.98 billion for the year. Analysts' estimates typically exclude special items.

Due to the impact of purchase accounting, the company now expects depreciation and amortization to be about $145 million. As a result of its 100 percent ownership of TVN, the company now expects interest expense to be about $110 million.