Dish Network Corp.
) 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
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
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
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
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
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.
) with earnings ESP of +33.33% and Zacks Rank #3.
) with earnings ESP of +25.0% and Zacks Rank #3.
T-Mobile US, Inc.
) with earnings ESP of +57.14% and Zacks Rank #3.
CABLEVISION SYS (CVC): Free Stock Analysis
DISH NETWORK CP (DISH): Free Stock Analysis
TIVO INC (TIVO): Free Stock Analysis Report
T-MOBILE US INC (TMUS): Free Stock Analysis
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