Satellite Technology News

powered by google

Satellite Spotlight:  

Satellite Technology RSS Feed

TMCNet:  Earnings Flashback: Since Reporting Quarterly Results 1 Week Ago DISH Network Is Down 1.3% (DISH)

[November 19, 2012]

Earnings Flashback: Since Reporting Quarterly Results 1 Week Ago DISH Network Is Down 1.3% (DISH)

Nov 19, 2012 (SmarTrend(R) News Watch via COMTEX) -- When DISH Network (NASDAQ:DISH) reported earnings a week ago on November 6th, 2012, analysts, on average, expected the company to report earnings of $0.56 on sales of $3.6 billion. DISH Network actually reported earnings of $0.70 per share on sales of $3.5 billion, beating EPS estimates by $0.14 and missing revenue estimates by $40.1 million. Since the company's report, shares of DISH Network have fallen from $36.00 to $35.55, representing a loss of 1.3% in the past 13 days.

In the past 52 weeks, shares of DISH Network have traded between a low of $20.89 and a high of $36.68 and are now at $35.55, which is 70% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of DISH Network on October 11th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.53. Since that recommendation, shares of DISH Network have risen 6.0%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Satellite Spotlight's Homepage ]

blog comments powered by Disqus

FREE Satellite eNewsletter

Subscribe to our free weekly Satellite Spotlight eNewsletter!

Get the latest expert news, reviews & resources. Tailored specifically for Satellite Technology and Communications.

Satellite Technology White Papers

Innovative Features Mean Major Savings for Cellular Operators Using Satellite Backhaul
With the rising cost of satellite bandwidth and the need for more of it to support an ever increasing number of voice, data and now video services, operators must seek ways to reduce both their hardware investment costs and operating expenses, especially when fierce competition forces them to provide these new services without raising their rates.

Satellite Technology Features