Market Overview

Earnings Preview: DISH Network

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On Friday, August 07, DISH Network (NASDAQ: DISH) will release its latest earnings report. Benzinga's outlook for DISH Network is included in the following report.

Earnings and Revenue

DISH Network earnings will be near $0.58 per share on sales of $3.10 billion, according to analysts. In the same quarter last year, DISH Network reported earnings per share of $0.6 on revenue of $3.21 billion. The Wall Street consensus estimate for earnings would represent a 3.33% decrease for the company. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.57 0.59 0.61 0.65
EPS Actual 0.55 0.69 0.66 0.60
Revenue Estimate 3.15 B 3.15 B 3.16 B 3.14 B
Revenue Actual 3.22 B 3.24 B 3.17 B 3.21 B

Stock Performance

Over the last 52-week period, shares are up 5.8%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. DISH Network is scheduled to hold the call at 12:00:00 ET and can be accessed here: https://ir.dish.com/events/event-details/dish-q2-2020-financial-results

 

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