DISH Network Q2 EPS $0.31 Beats $0.29 Estimate, Sales $3.91B Beat $3.90B Estimate
Portfolio Pulse from Benzinga Newsdesk
DISH Network reported Q2 earnings of $0.31 per share, beating the analyst consensus estimate of $0.29 by 6.9%. However, this is a 62.2% decrease from the same period last year. The company also reported quarterly sales of $3.91 billion, beating the estimate of $3.90 billion by 0.26%, but this is a 7.13% decrease from last year.
August 08, 2023 | 11:49 am
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NEUTRAL IMPACT
DISH Network's Q2 earnings and sales beat estimates, but both have decreased significantly from the same period last year.
While DISH Network beat Q2 earnings and sales estimates, the significant year-on-year decreases in both earnings and sales could potentially offset any positive impact from beating estimates. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100