HSN Inc. Profit Falls 5% In Q3

(RTTNews) - HSN Inc. (HSNIV) announced earnings for third quarter that dropped from last year.

The company said its earnings totaled $37.5 million, or $0.70 per share. This was down from $39.5 million, or $0.74 per share, in last year's third quarter.

Analysts had expected the company to earn $0.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.3% to $864.9 million. This was up from $837.5 million last year.

HSN Inc. earnings at a glance:

-Earnings (Q3): $37.5 Mln. vs. $39.5 Mln. last year. -Earnings Decline (Y-o-Y): -5.1% -EPS (Q3): $0.70 vs. $0.74 last year. -EPS Decline (Y-o-Y): -5.4% -Analysts Estimate: $0.76 -Revenue (Q3): $864.9 Mln vs. $837.5 Mln last year. -Revenue Change (Y-o-Y): 3.3%