Scripps Networks Interactive
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Scripps Networks Interactive met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share increased.
Gross margins contracted, operating margins grew, and net margins increased.
Scripps Networks Interactive booked revenue of $553.5 million. The 18 analysts polled by S&P Capital IQ predicted sales of $561.3 million on the same basis. GAAP reported sales were 3.4% lower than the prior-year quarter's $573.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.84. The 20 earnings estimates compiled by S&P Capital IQ predicted $0.82 per share. GAAP EPS of $0.84 for Q4 were 7.7% higher than the prior-year quarter's $0.78 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 46.5%, 2,060 basis points worse than the prior-year quarter. Operating margin was 42.3%, 930 basis points better than the prior-year quarter. Net margin was 24.4%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $518.8 million. On the bottom line, the average EPS estimate is $0.62.
Next year's average estimate for revenue is $2.26 billion. The average EPS estimate is $3.15.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 100 members out of 113 rating the stock outperform, and 13 members rating it underperform. Among 44 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Scripps Networks Interactive a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Scripps Networks Interactive is hold, with an average price target of $48.50.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Scripps Networks Interactive. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.