HSN Earnings: Here’s Why Investors are Excited Now

HSN, Inc. (NASDAQ:HSNI) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 6.42%.

HSN, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 29.51% to $0.79 in the quarter versus EPS of $0.61 in the year-earlier quarter.

Revenue: Rose 5.92% to $812.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: HSN, Inc. reported adjusted EPS income of $0.79 per share. By that measure, the company beat the mean analyst estimate of $0.73. It beat the average revenue estimate of $805.05 million.

Quoting Management: “Our strong financial performance during the second quarter is a result of the uniqueness of our customer experiences, the power of our digital platforms and the quality of our brands and products,” said Mindy Grossman, CEO of HSN, Inc. “Sales for the quarter were up 6%, digital sales increased 10% and EPS grew 30%. In addition, we continued returning value to shareholders through our share repurchase and cash dividend programs.”

Key Stats (on next page)…

Revenue increased 5.17% from $772.65 million in the previous quarter. EPS increased 41.07% from $0.56 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.65 and has not changed. For the current year, the average estimate has moved up from a profit of $3.05 to a profit of $3.06 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)