Credit Suisse Cuts DISH EPS Estimates (DISH)
Analysts at Credit Suisse (NYSE: CS) decreased their earnings per share (EPS) estimates on shares of DISH (NASDAQ: DISH) in a research report issued to clients and investors on Tuesday. The firm currently has an “outperform” rating and a $34.00 price target on the company’s shares.
A number of other analysts have also recently weighed in on DISH. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of DISH in a research note to investors on Tuesday. Separately, analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of DISH in a research note to investors on Monday. Finally, analysts at Deutsche Bank (NYSE: DB) reiterated a “buy” rating on shares of DISH in a research note to investors on Thursday, March 22nd.
DISH traded down 1.29% on Tuesday, hitting $30.50. DISH has a 1-year low of $20.89 and a 1-year high of $35.64. The company has a market cap of $13.719 billion and a price-to-earnings ratio of 10.41.
DISH last released its earnings data on Monday, May 7th. The company reported $0.80 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.09. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Analysts expect that DISH will post $0.64 EPS next quarter.
DISH Network Corporation is a pay-television provider, with approximately 14.133 million customers across the United States as of December 31, 2010.