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Dish Network Corp. (DISH - Analyst Report) is set to release fourth-quarter 2013 financial results before the opening bell on Feb 21, 2014.

In the last quarter, the company delivered a 61.90% positive earnings surprise. Let’s see how things are shaping up for this announcement.

Factors to Influence This Quarter

Dish Network recently introduced an innovative HD whole-home DVR called “Hopper” together with a sidekick called “Joey.” This device will enable users to watch TV shows and movies in 4 different rooms at the same time and record 6 HD shows simultaneously.

The Hopper device is integrated with a 2-terabyte hard disk that can store 2,000 hours of sports and entertainment content. This will further increase the product portfolio of the company and will lessen customer churn in the coming quarters.

Moreover, gaining approval of the Federal Communications Commission for utilizing its S-band spectrum will certainly boost the company’s business.

However, the company’s objective to set up its own terrestrial wireless network seems a distant possibility as it has recently annulled its plan to acquire bankrupt wireless broadband company, LightSquared Inc. Thus, Dish Network’s spectrum crisis is likely to persist.

Earnings Whispers

Our proven model does not conclusively show that Dish Network is likely to beat the Zacks Consensus Estimate this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. Unfortunately, this is not the case here as elaborated below.

Zero Zacks ESP: This is because both the Most Accurate estimate and the Zacks Consensus Estimate are poised at 40 cents. This leads to an ESP of 0.00% for Dish Network.

Zacks Rank #3 (Hold): Dish Network’s Zacks Rank #3, decreases the predictive power of ESP.

We caution investors against the stock going into the earnings announcement, as a Zacks Earnings ESP of 0.00% combined with a Zacks Rank #3 lowers the possibility of an earnings surprise.

Other Stocks to Consider

Here are some other companies to consider as our model shows these have the right combination of elements to post an earnings beat this quarter.

Cablevision Systems Corp. (CVC - Analyst Report) with earnings ESP of +33.33% and Zacks Rank #3.

TiVo Inc. (TIVO - Analyst Report) with earnings ESP of +25.0% and Zacks Rank #3.

T-Mobile US, Inc. (TMUS - Snapshot Report) with earnings ESP of +57.14% and Zacks Rank #3.

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