Dish misses 3Q profit forecasts

Markets Associated Press

FILE - In this Feb. 23, 2011, file photo, Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif. Dish Network Corp. reports earnings Wednesday, Nov. 9, 2016. (AP Photo/Paul Sakuma, File) (The Associated Press)

Dish Network Corp. (DISH) on Wednesday reported third-quarter earnings of $307.4 million.

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On a per-share basis, the Englewood, Colorado-based company said it had net income of 64 cents.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The satellite television provider posted revenue of $3.75 billion in the period, matching Street forecasts.

Dish shares have decreased almost 1 percent since the beginning of the year. The stock has declined 10 percent in the last 12 months.


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This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DISH at


Keywords: Dish Network, Earnings Report