HSN Inc. Third Quarter Earnings Sneak Peek

HSN, Inc. (NASDAQ:HSNI) will unveil its latest earnings on Wednesday, November 2, 2011. HSN is an interactive multi-channel retailer offering retail experiences on TV, online, in catalogs and in retail and outlet stores.

HSN, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 34 cents per share, a rise of 30.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 22.8% versus last year to $2.05.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 53 cents per share against a mean estimate of net income of 41 cents, and the quarter before, the company exceeded forecasts by 3 cents with profit of 30 cents versus a mean estimate of net income of 27 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 6.5% in revenue from the year-earlier quarter to $754.4 million.

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

A Look Back: In the second quarter, profit rose 29.4% to $32 million (53 cents a share) from $24.7 million (42 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 8.3% to $746.9 million from $690 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 14.9% in the first quarter and 4.9% in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 6% in the first quarter from the year earlier, climbed 9.1% in the fourth quarter of the last fiscal year from the year-ago quarter and 10.5% in the third 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), The Parent Company (KIDSQ), 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 August 31, 2011 to October 27, 2011, the stock price had risen $4.52 (14.1%) from $32.14 to $36.66. 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 August 29, 2011 and September 6, 2011 when shares fell for six-straight days, falling 6.2% (-$2.04) over that span. Shares are up $6.01 (+19.6%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.