DISH Network Corp. is a leading satellite TV operator in the U.S. The company provides video services under the DISH brand. In addition, the company provides satellite broadband services, and wireline voice and broadband services under the dishNET brand.
DISH Network’s top-line growth may remain under pressure as the company’s failure to strike any deal with wireless operators to deploy a nationwide wireless network has been a major headwind. Persistent loss of subscribers remains a potent headwind for DISH Network. Escalating programming and content expenses as well as retransmission fees may also hurt the company’s margins.
We are, however, impressed by DISH Network’s efforts to diversify its business model from being a pure-play satellite-TV operator to an Internet TV streaming service provider. The move should help the company counter competitive threat from low-cost video streaming operators.
DISH Network currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The company has generated a positive average earnings surprise of 1.32% in the previous four quarters. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: DISH Network has topped Q4 2017 earnings estimate. Our consensus earnings estimate called for an adjusted EPS (earnings per share) of 56 cents and the company reported adjusted EPS was 57 cents. Investors should note that these figures take out stock option expenses.
Revenue: DISH Network reported total revenue of around $3,484 million underperforming our estimate of $3,546 million.
Key States to Note: At the end of 2017, DISH Network had 13.242 million pay-TV subscribers, down 3.1% year over year. DISH TV subscribers were 11.03 million, down 9.4% year over year. Sling TV subscribers were 2.212 million, up 47.4% year over year. During 2017, DISH Network lost 0.995 million DISH TV subscribers but gained 0.711 million Sling TV Customers. Pay-TV ARPU (average revenue per user) in 2017 was $86.43 against $88.66 in 2016. DISH TV churn rate in 2017 was 1.78% against 1.97% in 2016.
DISH Network Corporation Price and EPS Surprise
Check back later for our full write up on this DISH Network earnings report later!
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DISH Network (DISH) Tops Q4 Earnings Misses Revenues
DISH Network Corp. is a leading satellite TV operator in the U.S. The company provides video services under the DISH brand. In addition, the company provides satellite broadband services, and wireline voice and broadband services under the dishNET brand.
DISH Network’s top-line growth may remain under pressure as the company’s failure to strike any deal with wireless operators to deploy a nationwide wireless network has been a major headwind. Persistent loss of subscribers remains a potent headwind for DISH Network. Escalating programming and content expenses as well as retransmission fees may also hurt the company’s margins.
We are, however, impressed by DISH Network’s efforts to diversify its business model from being a pure-play satellite-TV operator to an Internet TV streaming service provider. The move should help the company counter competitive threat from low-cost video streaming operators.
DISH Network currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The company has generated a positive average earnings surprise of 1.32% in the previous four quarters. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: DISH Network has topped Q4 2017 earnings estimate. Our consensus earnings estimate called for an adjusted EPS (earnings per share) of 56 cents and the company reported adjusted EPS was 57 cents. Investors should note that these figures take out stock option expenses.
Revenue: DISH Network reported total revenue of around $3,484 million underperforming our estimate of $3,546 million.
Key States to Note: At the end of 2017, DISH Network had 13.242 million pay-TV subscribers, down 3.1% year over year. DISH TV subscribers were 11.03 million, down 9.4% year over year. Sling TV subscribers were 2.212 million, up 47.4% year over year. During 2017, DISH Network lost 0.995 million DISH TV subscribers but gained 0.711 million Sling TV Customers. Pay-TV ARPU (average revenue per user) in 2017 was $86.43 against $88.66 in 2016. DISH TV churn rate in 2017 was 1.78% against 1.97% in 2016.
DISH Network Corporation Price and EPS Surprise
DISH Network Corporation Price and EPS Surprise | DISH Network Corporation Quote
Check back later for our full write up on this DISH Network earnings report later!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>