Dish Network Profits Triple To $245 Million (DISH)

Dish Network Corporation DISH released financial results on Friday morning that beat Wall Street estimates. Dish Network Corporation announced that its 3rd quarter net income jumped to $245 million, or 55 cents per share, up from $81 million, or 18 cents per share, a year earlier. The company's revenue rose 10.9% to $3.21 billion, up from $2.89 billion a year earlier. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 42 cents per share, on revenue of $3.15 billion. Dish Network Corporation (DISH) finished the previous trading day at $20.69 per share. The consensus price target of analysts covering the company's stock is $23.21 per share. Read more from Benzinga's Company news.