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.
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.
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)