HSN, Inc. (NASDAQ:HSNI), a multichannel retailer, announced Q3 results that beat the Street view on EPS and total revenues, fueled by a mobile sales increase. The company reported Q3 adjusted EPS of $0.74, up from $0.70 in the prior year and beating analyst estimates of $0.68 for the quarter. Total revenues of $837.5 million were up from $798.9 million in Q3 2013 and topped analyst projections of $833.01 million. "HSNi achieved net sales growth of 5% and EBITDA growth of 9%," said Mindy Grossman, CEO of HSN, Inc. "Digital sales were up 7% and mobile sales increased 37%, with mobile now representing 16% of our total business." Shares of HSN, Inc. (NASDAQ:HSNI) are at $65.29 within a 52-week range of $51.59 - $68.94.Discovery Communications Inc. (NASDAQ:DISCA) on Tuesday reported Q3 adjusted earnings above analysts' expectations, but the media-and-entertainment company's revenue was slightly below the Street view and it cut its full-year guidance. Net income available to common stockholders rose to $280 million, or $0.41 per diluted share, from $255 million, or $0.35 per diluted share, a year earlier. On an adjusted basis, which excludes the impact of amortization of acquisition-related intangible assets, its earnings per share were $0.46 in the latest quarter, up from $0.40 in the prior-year period and above the $0.41 expected on average by analysts polled by Capital IQ.Total revenue climbed to $1.57 billion from $1.38 billion, slightly missing the $1.59 billion expected by the Street. The company said 32% growth at International Networks was partially offset by a 1% decline at U.S. Networks, primarily due to additional revenue from licensing agreements in the prior year. The results benefited from both organic growth and contributions from recent acquisitions, said CEO David Zaslav. However, the company cut its forecast for 2014 total revenue, now seeing it between $6.3 billion and $6.35 billion, versus its prior view for $6.45 billion and $6.525 billion. Analysts recently were projecting $6.41 billion. Discovery Communications Inc. (NASDAQ:DISCA) also lowered its earnings guidance for the full year, saying it now expects adjusted net income between $1.275 billion and $1.305 billion, below its previous forecast of $1.34 billion to $1.4 billion. It didn't break the earnings guidance down on a per-share basis.HCP, Inc. (NYSE:HCP), a real-estate investment trust that primarily deals with health-care properties, Tuesday reported Q3 results above analysts' expectations and raised its full-year earnings guidance. Net income applicable to common shares rose to $247.2 million, or $0.54 per diluted share, from $233.3 million, or $0.51 per diluted share, a year earlier. Excluding discontinued operations, HCP, Inc. (NYSE:HCP) year-earlier profit had been $0.49 per share. Analysts polled by Capital IQ were forecasting a profit of $0.50 per share for the latest quarter.Adjusted funds from operations per share, an additional non-GAAP profitability measure for REITs, slipped to $0.75 from $0.79 a year earlier. Total revenue climbed to $596.6 million from $546.2 million, topping the $527.6 million expected by the Street. The company raised its full-year guidance, now seeing adjusted funds from operations to $2.98 to $3.04 per share and EPS of $2.04 to $2.10, versus its prior guidance for adjusted FFO of $2.97 to $3.03 per share and EPS of $2.02 to $2.08. Analysts recently were predicting EPS of $2.02. HCP is trading near the 52-week high of $44.10 that it hit in Monday's session.
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