Blackhawk Network Holdings, Inc. Announces 31% Rise In Q3 Earnings

(RTTNews) - Blackhawk Network Holdings, Inc. (HAWK) reported a profit for its third quarter that climbed from last year.

The company said its bottom line climbed to $10.2 million, or $0.18 per share. This was higher than $7.8 million, or $0.14 per share, in last year's third quarter.

Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 23.3% to $208.3 million. This was up from $168.9 million last year.

Blackhawk Network Holdings, Inc. earnings at a glance:

-Earnings (Q3): $10.2 Mln. vs. $7.8 Mln. last year. -Earnings Growth (Y-o-Y): 30.8% -EPS (Q3): $0.18 vs. $0.14 last year. -EPS Growth (Y-o-Y): 28.6% -Analysts Estimate: $0.11 -Revenue (Q3): $208.3 Mln vs. $168.9 Mln last year. -Revenue Change (Y-o-Y): 23.3%

-Guidance: Full year EPS guidance: $1.56 - $1.70 Full year revenue guidance: $940 - $981 Mln