The 10-second takeaway
For the quarter ended Dec. 31 (Q4), DISH Network met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Gross margins grew, operating margins shrank, net margins expanded.
DISH Network booked revenue of $3.63 billion. The 17 analysts polled by S&P Capital IQ anticipated net sales of $3.62 billion on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $3.21 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.69. The 13 earnings estimates compiled by S&P Capital IQ averaged $0.61 per share. GAAP EPS of $0.69 for Q4 were 23% higher than the prior-year quarter's $0.56 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 42.5%, 150 basis points better than the prior-year quarter. Operating margin was 16.6%, 140 basis points worse than the prior-year quarter. Net margin was 8.6%, 70 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $3.64 billion. On the bottom line, the average EPS estimate is $0.70.
Next year's average estimate for revenue is $14.67 billion. The average EPS estimate is $2.72.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 312 members out of 394 rating the stock outperform, and 82 members rating it underperform. Among 123 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give DISH Network a green thumbs-up, and 20 give it a red thumbs-down.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.