DISH Network Earnings Preview: Analyts Expect Higher Earnings, Revenue

DISH Network DISH announces its next round of earnings this Tuesday, August 9, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings announcement.

Earnings and Revenue:

Analysts are predicting an EPS reading of 77 cents/share and revenues of $3.41 billion. DISH Network's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 57 cents/share on revenues of $3.17 billion. We'll know on Tuesday whether DISH Network has managed the estimated 35.1% increase in EPS and 7.6% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

Shares of DISH Network were trading at $28.80 as of August 3, 2011. Since January 1st, shares of DISH Network have given investors a return of 46.5%.

Average Stock Rating:

The average rating by analysts for DISH Network is a Hold. The strength of this rating has declined slightly over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of DISH Network's peers.

• Comcast CMCSA: Moderate Buy with a $0.36 recent quarter EPS
• Cablevision Systems (CVC): Hold with a $0.38 recent quarter EPS
• DIRECTV Group (DTV): Moderate Buy with a $0.82 recent quarter EPS

DISH Network is in the cable TV industry, which has experienced price/earnings growth of 0.4%.

Finally, a description of the company's main areas of operation: DISH Network, which together with its subsidiaries operates the DISH Network(r) television service, provides a direct broadcast satellite subscription television service in the United States.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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