WH Smith said its normalized net income for the fiscal first half ended Feb. 28 came to 39 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 50 pence per share.
EPS rose 8.4% year over year from 36 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £46.3 million, an increase of 5.7% from £43.8 million in the prior-year period.
Total revenue totaled £611.0 million, compared with £613.0 million in the prior-year period, and total operating expenses declined year over year to £536.0 million from £542.0 million.
Reported net income rose 7.0% year over year to £59.9 million, or 51 pence per share, from £56.0 million, or 46 pence per share.
