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TMCNet:  Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago DISH Network Is Down 0.7% (DISH)

[November 26, 2012]

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago DISH Network Is Down 0.7% (DISH)

Nov 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- Two weeks ago on November 6th, 2012 DISH Network (NASDAQ:DISH) reported earnings and analysts, on average, expected earnings of $0.56 on sales of $3.6 billion. The company actually reported EPS of $0.70 on sales of $3.5 billion, beating EPS estimates by $0.14 and missing revenue estimates by $40.1 million. Shares of DISH Network have slipped from $36.00 to $35.75, representing a loss of 0.7%, since the company reported earnings 20 days ago.

In the past 52 weeks, DISH Network share prices have been bracketed by a low of $20.89 and a high of $36.68 and are now at $35.75, 71% above that low price. Over the last five market days, 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 6.6%. 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:

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