HSN, Inc. Second Quarter Earnings Sneak Peek

HSN, Inc. (NASDAQ:HSNI) will unveil its latest earnings on Wednesday, August 3, 2011. HSN, Inc. is an interactive multi-channel retailer offering retail experiences on TV, online, in catalogs and in retail and outlet stores through its two operating segments, HSN and Cornerston. Amazon.com, Inc. Earnings Cheat Sheet: Margins Suffer as Costs Rise, Profit Falls>>

HSN, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 41 cents per share, a rise of 5.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 38 cents. For the year, analysts are projecting net income of $1.94 per share, a rise of 16.2% from last year.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the first quarter, the company reported profit of 30 cents per share versus a mean estimate of net income of 27 cents per share. In the fourth quarter of the last fiscal year, the company missed estimates by one cent.

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>

Wall St. Revenue Expectations: On average, analysts predict $729.9 million in revenue this quarter, a rise of 5.8% from the year ago quarter. Analysts are forecasting total revenue of $3.16 billion for the year, a rise of 5.3% from last year’s revenue of $3 billion.

Analyst Ratings: Analysts are bullish on this stock with four analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 6% to $724 million in first quarter. The figure rose 9.1% in the fourth quarter of the last fiscal year from the year earlier, climbed 10.5% in the third quarter of the last fiscal year from the year-ago quarter and 7.8% in the second quarter of the last fiscal year.

Competitors to Watch: ValueVision Media, Inc. (NASDAQ:VVTV), Liberty Media Corp (NASDAQ:LINTA), eBay Inc. (NASDAQ:EBAY), Gaiam, Inc. (NASDAQ:GAIA), Overstock.com, Inc. (NASDAQ:OSTK), Amazon.com, Inc. (NASDAQ:AMZN), Hot Topic, Inc. (NASDAQ:HOTT), BIDZ.com, Inc. (NASDAQ:BIDZ), and Stamps.com Inc. (NASDAQ:STMP).

Stock Price Performance: During May 31, 2011 to July 27, 2011, the stock price had fallen $2.81 (-8%) from $35.21 to $32.40. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 8, 2010 when shares rose for nine-straight days, rising 9% (+$2.53) over that span. It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six-straight days, falling 7.6% (-$2.65) over that span. Shares are up $1.75 (+5.7%) year to date.

(Source: Xignite Financials)

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>