Scripps Networks Interactive Inc. (SNI) reported that its second-quarter net income to company decreased to $153.79 million or $1.07 per share, from $159.73 million or $1.08 per share, last year. Excluding the impact from the early contract termination, net income to company was $1.14 per share, for the quarter.
On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $1.13 for the quarter. Analysts' estimates typically exclude special items.
Operating revenues increased to $708.13 million from $665.13 million, a year ago. Analysts expected revenue of $710.23 million for the quarter.
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