HSN Inc. Reveals 7% Retreat In Q4 Profit

(RTTNews) - HSN Inc. (HSNIV) revealed a profit for fourth quarter that lost ground compared to the same period last year.

The company said its profit came in at $60.9 million, or $1.15 per share. This was lower than $65.3 million, or $1.22 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.02 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.8% to $1.10 billion. This was down from $1.12 billion last year.

HSN Inc. earnings at a glance:

-Earnings (Q4): $60.9 Mln. vs. $65.3 Mln. last year. -Earnings Decline (Y-o-Y): -6.7% -EPS (Q4): $1.15 vs. $1.22 last year. -EPS Decline (Y-o-Y): -5.7% -Analysts Estimate: $1.02 -Revenue (Q4): $1.10 Bln vs. $1.12 Bln last year. -Revenue Change (Y-o-Y): -1.8%