DISH Stock - DISH Network Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $14.29B | $15.30B | $16.68B | $17.88B | $15.49B |
| Gross Profit | $4.65B | $4.10B | $5.31B | $6.14B | $5.46B |
| Gross Margin | 32.5% | 26.8% | 31.8% | 34.4% | 35.2% |
| Operating Income | $-179,625,000 | $175.26M | $2.05B | $3.20B | $2.58B |
| Net Income | $-66,430,000 | $-1,211,870,000 | $2.30B | $2.41B | $1.76B |
| Net Margin | -0.5% | -7.9% | 13.8% | 13.5% | 11.4% |
| EPS | $-0.12 | $-2.27 | $4.34 | $4.57 | $3.36 |
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The company also provides access to movies and television shows through TV or Internet-connected devices; and dishanywhere.com and mobile applications on Internet-connected devices to view authorized content, search program listings, and remotely control certain features of their DVRs. In addition, it offers Sling TV services, including Sling domestic, Sling International, Sling Latino, Sling Orange, and Sling Blue services that require an Internet connection and are available on streaming-capable devices, such as streaming media devices, TVs, tablets, computers, game consoles, and phones, as well as market SLING TV services to consumers who do not subscribe to traditional satellite and cable pay-TV services. Further, the company provides wireless subscribers consumer plans with no annual service contracts, as well as monthly service plans, including high-speed data and unlimited talk and text. As of December 31, 2021, it had 10.707 million pay-TV subscribers in the United States, including 8.221 million DISH TV subscribers and 2.486 million SLING TV subscribers. The company offers receiver systems and programming through direct sales channels, as well as independent third parties, such as small retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 4th 2023 | Exane BNP Paribas | Initiation | Underperform | $1 |
| August 9th 2023 | Barclays | Upgrade | Equal Weight | $10← $5 |
| August 8th 2023 | Pivotal Research Group | Reiterated | Buy | $21← $20 |
| June 5th 2023 | The Benchmark Company | Downgrade | Hold | - |
| May 25th 2023 | Citigroup | Downgrade | Neutral | $8← $18 |
| March 27th 2023 | UBS | Downgrade | Neutral | $10← $27 |
| February 28th 2023 | BofA Securities | Downgrade | Underperform | $10← $30 |
| January 10th 2023 | Goldman | Resumed | Neutral | $14 |
| August 4th 2022 | Pivotal Research Group | Reiterated | Buy | $36← $40 |
| May 31st 2022 | Truist | Upgrade | Buy | $60← $25 |
| May 9th 2022 | JP Morgan | Downgrade | Neutral | $30 |
| May 9th 2022 | Credit Suisse | Upgrade | Outperform | $45 |
Earnings History & Surprises
DISHEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2024 | Feb 22, 2024 | $-0.11 | $1.47 | +1436.4% | ✓ BEAT |
Q4 2023 | Nov 6, 2023 | $0.25 | $-0.26 | -204.0% | ✗ MISS |
Q3 2023 | Aug 8, 2023 | $0.29 | $0.31 | +6.9% | ✓ BEAT |
Q2 2023 | May 8, 2023 | $0.36 | $0.35 | -2.8% | ✗ MISS |
Q1 2023 | Feb 23, 2023 | $0.47 | $1.47 | +212.8% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.56 | $0.65 | +16.1% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $0.64 | $0.82 | +28.1% | ✓ BEAT |
Q2 2022 | May 6, 2022 | $0.75 | $0.68 | -9.3% | ✗ MISS |
Q1 2022 | Feb 24, 2022 | $0.87 | $0.86 | -1.1% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $0.91 | $0.88 | -3.3% | ✗ MISS |
Q3 2021 | Aug 9, 2021 | $0.89 | $1.06 | +19.1% | ✓ BEAT |
Q2 2021 | Apr 29, 2021 | $0.81 | $0.99 | +22.2% | ✓ BEAT |
Q1 2021 | Feb 22, 2021 | $0.75 | $1.25 | +66.7% | ✓ BEAT |
Q4 2020 | Nov 6, 2020 | $0.70 | $0.86 | +22.9% | ✓ BEAT |
Q3 2020 | Aug 7, 2020 | $0.58 | $0.78 | +34.5% | ✓ BEAT |
Q2 2020 | May 7, 2020 | $0.57 | $0.13 | -77.2% | ✗ MISS |
Q1 2020 | Feb 19, 2020 | $0.59 | $0.69 | +16.9% | ✓ BEAT |
Q4 2019 | Nov 7, 2019 | $0.61 | $0.66 | +8.2% | ✓ BEAT |
Q3 2019 | Jul 29, 2019 | $0.65 | $0.60 | -7.7% | ✗ MISS |
Q2 2019 | May 3, 2019 | $0.65 | $0.65 | 0.0% | = MET |
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