Scripps Networks Interactive Inc. (SNI) reported that its first-quarter net income attributable to company decreased to $107.82 million or $0.72 per share from $114.90 million or $0.73 per share last year. The company noted that the first quarter of 2013 includes unfavorable tax adjustments totaling $7.8 million, or $0.05 per share, including the impact from the enactment of the American Taxpayer Relief Act of 2012. Operating revenues increased to $594.39 million from $535.35 million last year. The company said its results for the quarter reflect strong advertising revenue of $395 million, up 11 percent, and affiliate fee revenue of $187 million, up 11 percent year over year. Expenses for the quarter increased 17 percent from the prior-year period.
On average, 20 analysts polled by Thomson Reuters expected the company to report profit of $0.74 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $582.52 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.