Blackhawk Network Holdings, Inc. Reports 19% Retreat In Q3 Earnings

(RTTNews) - Blackhawk Network Holdings, Inc. (HAWK) revealed earnings for third quarter that retreated compared to the same period last year.

The company said its profit dropped to $7.83 million, or $0.14 per share. This was lower than $9.69 million, or $0.17 per share, in last year's third quarter.

The company said revenue for the quarter fell 4.6% to $168.92 million. This was down from $177.11 million last year.

Blackhawk Network Holdings, Inc. earnings at a glance:

-Earnings (Q3): $7.83 Mln. vs. $9.69 Mln. last year. -Earnings Decline (Y-o-Y): -19.2% -EPS (Q3): $0.14 vs. $0.17 last year. -EPS Decline (Y-o-Y): -17.6% -Revenue (Q3): $168.92 Mln vs. $177.11 Mln last year. -Revenue Change (Y-o-Y): -4.6%

-Guidance: Full year EPS guidance: $1.45 - $1.64 Full year revenue guidance: $897 - $926 Mln