DISH Network Corp (DISH) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS
DISH Network Corp (NASDAQ:DISH) issued its quarterly earnings data on Wednesday. The company reported $0.46 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.51 by $0.05, Analyst RN reports. The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.69 billion.
DISH Network Corp (NASDAQ:DISH) opened at 62.15 on Wednesday. DISH Network Corp has a 52 week low of $43.75 and a 52 week high of $67.50. The stock has a 50-day moving average of $63.71 and a 200-day moving average of $60.31. The company has a market cap of $28.527 billion and a P/E ratio of 37.59. DISH Network Corp also was the recipient of some unusual options trading on Tuesday. Traders acquired 5,606 put options on the company. This is an increase of 165% compared to the typical daily volume of 2,112 put options.
A number of analysts have recently weighed in on DISH shares. Analysts at ISI Group raised their price target on shares of DISH Network Corp from $61.00 to $73.00 in a research note on Monday, July 21st. They now have a “buy” rating on the stock. On the ratings front, analysts at Macquarie raised their price target on shares of DISH Network Corp from $85.00 to $100.00 in a research note on Monday, July 7th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of DISH Network Corp in a research note on Thursday, June 26th. They now have a $66.00 price target on the stock. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $60.62.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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