Wall Street analysts predict that DISH Network Corp (NASDAQ:DISH) will report earnings of $0.54 per share for the current quarter, according to Zacks. Ten analysts have made estimates for DISH Network’s earnings. The highest EPS estimate is $0.63 and the lowest is $0.46. DISH Network posted earnings per share of $0.70 in the same quarter last year, which indicates a negative year-over-year growth rate of 22.9%. The company is scheduled to issue its next quarterly earnings report on Wednesday, February 28th.

On average, analysts expect that DISH Network will report full-year earnings of $1.98 per share for the current fiscal year, with EPS estimates ranging from $1.89 to $2.18. For the next fiscal year, analysts expect that the company will report earnings of $2.12 per share, with EPS estimates ranging from $1.91 to $2.33. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for DISH Network.

DISH Network (NASDAQ:DISH) last announced its earnings results on Thursday, November 9th. The company reported $0.57 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.03). DISH Network had a return on equity of 25.97% and a net margin of 7.22%. The business had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.60 billion. During the same quarter in the previous year, the company posted $0.64 EPS. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year.

DISH has been the subject of several recent research reports. Jefferies Group restated a “buy” rating and set a $80.00 target price on shares of DISH Network in a report on Monday, September 25th. Deutsche Bank restated a “buy” rating and set a $99.00 target price on shares of DISH Network in a report on Thursday, October 5th. Morgan Stanley restated a “buy” rating and set a $75.00 target price on shares of DISH Network in a report on Tuesday, October 17th. Pivotal Research raised shares of DISH Network from a “hold” rating to a “buy” rating and dropped their price target for the stock from $68.00 to $65.00 in a research report on Monday, November 6th. Finally, dropped their price target on shares of DISH Network from $62.00 to $52.00 and set a “hold” rating on the stock in a research report on Tuesday, October 17th. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $63.92.

Shares of DISH Network (NASDAQ DISH) traded down $0.33 on Wednesday, reaching $50.32. 2,490,000 shares of the company traded hands, compared to its average volume of 2,580,000. DISH Network has a fifty-two week low of $46.07 and a fifty-two week high of $66.50. The firm has a market capitalization of $23,470.00, a PE ratio of 18.62, a price-to-earnings-growth ratio of 2.48 and a beta of 1.08. The company has a debt-to-equity ratio of 2.72, a current ratio of 0.63 and a quick ratio of 0.57.

Institutional investors and hedge funds have recently modified their holdings of the company. Sun Life Financial INC raised its position in shares of DISH Network by 20,725.0% in the second quarter. Sun Life Financial INC now owns 1,666 shares of the company’s stock valued at $105,000 after purchasing an additional 1,658 shares during the period. Rockefeller Financial Services Inc. bought a new position in shares of DISH Network in the third quarter valued at about $140,000. Quantbot Technologies LP bought a new position in shares of DISH Network in the third quarter valued at about $154,000. Paradigm Asset Management Co. LLC raised its position in shares of DISH Network by 4.2% in the second quarter. Paradigm Asset Management Co. LLC now owns 2,500 shares of the company’s stock valued at $157,000 after purchasing an additional 100 shares during the period. Finally, Huntington National Bank raised its position in shares of DISH Network by 12.1% in the second quarter. Huntington National Bank now owns 2,600 shares of the company’s stock valued at $163,000 after purchasing an additional 281 shares during the period. 48.57% of the stock is currently owned by institutional investors.

WARNING: “$0.54 Earnings Per Share Expected for DISH Network Corp (DISH) This Quarter” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/12/02/0-54-earnings-per-share-expected-for-dish-network-corp-dish-this-quarter.html.

DISH Network 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.

Get a free copy of the Zacks research report on DISH Network (DISH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for DISH Network (NASDAQ:DISH)

Receive News & Stock Ratings for DISH Network Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DISH Network Corp and related stocks with our FREE daily email newsletter.