.71, Loses Subscribers, Notable Stocks With Earnings This Week: DISH, LDK, PCLN," /> NASDAQ:DTV

Dish Network 3Q Earnings Jump 30% With EPS $0.71, Loses Subscribers

November 7, 2011 By Leave a Comment

Dish Network Corp (NASDAQ:DISH) released third quarter earnings this morning. The company announced net income jumped 30% to $319.7 million, or EPS $0.71. This is up from $244.9 million or EPS $0.55 last year. DISH missed Wall Street expectations though of EPS $0.74.

Revenue was up 12% from the same period last year thanks to the purchase of Blockbuster back in April. Dish saw subscribers leave again this quarter as it posted a net loss of 111,000 subscribers. The company blames this on aggressive promotions by competitors. Dish’s main competitor, DIRECTV (NASDAQ:DTV) posted a record 327,000 subscriber net gain thanks in large part to its exclusive NFL Sunday Ticket.

Dish ended the third quarter with 13.9 million subscribers making it the third largest provider of paid TV in the U.S.

DISH is trading down nearly 3% in pre-market at $22.80.

Filed Under: Blog, News, Stocks Tagged With: , , , ,

Notable Stocks With Earnings This Week: DISH, LDK, PCLN, SZYM, BID

November 6, 2011 By Leave a Comment

Earnings season continues this week with many notable companies releasing quarterly results. Notable companies releasing earnings include DISH Network Corp. (NASDAQ:DISH), LDK Solar Co., Ltd (NYSE:LDK), priceline.com Incorporated (NASDAQ:PCLN), Solazyme Inc. (NASDAQ:SZYM) and Sotheby’s (NYSE:BID).

Dish Network Corp. (NASDAQ:DISH) will announce their earnings pre-market Monday and many investors will be watching closely. DISH bought Blockbuster earlier this year and in recent months have announced a new streaming service with Blockbuster. Dish Network is definitely trying to compete with the likes of Netfilx, Inc. (NASDAQ:NFLX) and DIRECTV (NASDAQ:DTV) DISH closed Friday down nearly 1% at $23.48 with over 4 million shares in volume.

LDK Solar Co., Ltd (NYSE:LDK) announces earnings pre-market Monday. LDK has been trading a bit lower recently after hitting an October high of around $4.53. LDK closed Friday up 3.5% at $3.77 with 1.3 million shares in volume. LDK has a current market cap of 533.32 million. LDK Solar is one of First Solar, Inc. (NASDAQ:FSLR) biggest competitors.

priceline.com Incorporated (NASDAQ:PCLN) announces earnings on Monday and analysts expect an EPS of $9.30. This EPS is on the high-end of the company’s guidance. PCLN closed Friday up more than 1% at $513.37. The stock is up about $80 since early October. PCLN has a current market cap of 25.55 billion.

Solazyme Inc. (NASDAQ:SZYM) releases earnings on Monday. SZYM has been in a steady uptrend so far this month, up over $1. The stock closed Friday up $0.63 at $9.91, a gain of 6.79%. SYZM traded less than half its average volume on Friday with 142 thousand shares traded. The stock has a market cap of 591.32 million. Solazyme’s main competitors are Amyris Inc. (NASDAQ:AMRS) and Gevo, Inc. (NASDAQ:GEVO).

Sotheby’s (NYSE:BID) releases earnings on Monday. These earnings will give investors valuable insights into how much consumers are spending at auction houses. This in turn can give people an idea of how the general economy is. While there is no arguing the general economy is not that great, if above-average income earners are spending less at auction houses then it shows that all aspects of the economy have slowed down. BID closed Friday up 0.60% at $35.11. The stock has a current market cap of 2.37 billion.

This week promises to be interesting with many companies reporting earnings. Plus the general uncertainty in Europe will continue to weigh heavily on investors.

Filed Under: Blog, Earnings, News, Stocks Tagged With: , , , , , , , , , ,
Real Time Web Analytics