Dish Network Earnings: What Investors Should Watch
Dish Network (NASDAQ:DISH) will report earnings before markets open on Thursday, May 9th. DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States.
Here is your Cheat Sheet to Dish Network Earnings:
Earnings Expectations: Analysts expect earnings of $0.53 per share on revenues of $3.61 billion. Currently, the company’s P/E ratio stands at 27.86.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.64 to a profit $0.6. For the current year, the average estimate is a profit of $2.22, which is worse than the estimate ninety days ago.
Here’s how Dish Network has been performing on an annual basis:
|Revenue ($) in millions||11,620||11,660||12,640||14,050||14,270|
|Diluted EPS ($)||1.98||1.42||2.20||3.39||1.41|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||3,631||3,582||3,572||3,523||3,590|
|Diluted EPS ($)||0.6978||0.80||0.50||-0.35||0.4599|
Dish Network has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)