DISH Network Corporation (NASDAQ:DISH) is set to announce its earnings results before the market opens on Wednesday, July 19th. Analysts expect the company to announce earnings of $0.75 per share for the quarter.
DISH Network Corporation (NASDAQ:DISH) last released its quarterly earnings data on Monday, May 1st. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.67 by $0.09. DISH Network Corporation had a return on equity of 32.65% and a net margin of 9.59%. The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same period last year, the company earned $0.84 EPS. DISH Network Corporation’s revenue for the quarter was down 3.9% on a year-over-year basis. On average, analysts expect DISH Network Corporation to post $2.72 EPS for the current fiscal year and $2.47 EPS for the next fiscal year.
Shares of DISH Network Corporation (DISH) opened at 65.87 on Tuesday. The company has a 50-day moving average price of $63.92 and a 200 day moving average price of $62.06. The company has a market capitalization of $30.69 billion, a P/E ratio of 22.25 and a beta of 0.97. DISH Network Corporation has a 12-month low of $48.51 and a 12-month high of $66.50.
COPYRIGHT VIOLATION NOTICE: This report was first published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be read at https://transcriptdaily.com/2017/07/18/dish-network-corporation-dish-to-release-quarterly-earnings-on-wednesday.html.
Several brokerages recently issued reports on DISH. BidaskClub raised DISH Network Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Wells Fargo & Company reaffirmed an “outperform” rating on shares of DISH Network Corporation in a research report on Wednesday, June 28th. Wunderlich reaffirmed a “sell” rating and set a $54.00 target price on shares of DISH Network Corporation in a research report on Monday, June 12th. Royal Bank Of Canada set a $56.00 target price on DISH Network Corporation and gave the company a “hold” rating in a research report on Saturday, May 20th. Finally, UBS AG reaffirmed a “neutral” rating and set a $68.00 target price (up from $63.00) on shares of DISH Network Corporation in a research report on Tuesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $70.75.
In related news, Director Tom A. Ortolf sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $60.55, for a total transaction of $302,750.00. Following the sale, the director now directly owns 5,000 shares of the company’s stock, valued at $302,750. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP R Stanton Dodge sold 1,000 shares of the firm’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $66.20, for a total value of $66,200.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,100 shares of company stock worth $375,279. 49.30% of the stock is owned by corporate insiders.
DISH Network Corporation Company Profile
DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations.
Receive News & Ratings for DISH Network Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DISH Network Corporation and related companies with MarketBeat.com's FREE daily email newsletter.