Dish Network (Nasdaq: DISH ) is expected to report Q3 earnings on Nov. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Dish Network's revenues will compress -1.0% and EPS will shrink -21.1%.
The average estimate for revenue is $3.56 billion. On the bottom line, the average EPS estimate is $0.56.
Last quarter, Dish Network reported revenue of $3.57 billion. GAAP reported sales were 0.5% lower than the prior-year quarter's $3.59 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.50. GAAP EPS of $0.50 for Q2 were 33% lower than the prior-year quarter's $0.75 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 40.5%, 360 basis points worse than the prior-year quarter. Operating margin was 13.1%, 760 basis points worse than the prior-year quarter. Net margin was 6.3%, 300 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $14.35 billion. The average EPS estimate is $2.40.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 312 members out of 395 rating the stock outperform, and 83 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 give Dish Network a green thumbs-up, and 23 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dish Network is outperform, with an average price target of $34.00.
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