HSN Q2 Adj. EPS Meets View - Quick Facts

(RTTNews) - HSN, Inc. (HSNI) reported second-quarter net income of $41.6 million or $0.78 per share, up from $40.9 million or $0.76 per share in the comparable quarter last year.

Adjusted earnings for the quarter were $0.81 per share, compared with $0.76 per share in the prior-year period. On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter grew 4 percent to $885.64 million from $855.20 million in the same period last year, while ten analysts expected revenue of $895.35 million for the quarter.

HSNi's board of directors approved a quarterly cash dividend of $0.35 per share payable September 16, 2015 to shareholders of record as of September 2, 2015.