DISH Network Corporation (DISH) Scheduled to Post Earnings on Tuesday
DISH Network Corporation (NASDAQ:DISH) will post its Q3 2017 quarterly earnings results before the market opens on Tuesday, November 7th. Analysts expect DISH Network Corporation to post earnings of $0.60 per share for the quarter.
DISH Network Corporation (NASDAQ:DISH) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.67). The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.71 billion. DISH Network Corporation had a net margin of 7.21% and a return on equity of 27.88%. The firm’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 EPS. On average, analysts expect DISH Network Corporation to post $2.05 EPS for the current fiscal year and $2.29 EPS for the next fiscal year.
Shares of DISH Network Corporation (NASDAQ DISH) opened at 48.39 on Tuesday. DISH Network Corporation has a 52-week low of $46.07 and a 52-week high of $66.50. The stock has a market cap of $22.56 billion, a price-to-earnings ratio of 22.51 and a beta of 0.99. The stock’s 50 day moving average is $51.67 and its 200 day moving average is $59.33.
In other news, CEO Roger Lynch sold 25,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $59.73, for a total value of $1,493,250.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Jeffrey L. Mcschooler sold 785 shares of the firm’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $56.61, for a total transaction of $44,438.85. Following the completion of the transaction, the executive vice president now directly owns 165 shares in the company, valued at approximately $9,340.65. The disclosure for this sale can be found here. In the last three months, insiders sold 26,110 shares of company stock worth $1,555,296. Insiders own 49.30% of the company’s stock.
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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.
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