What Dish Network's Earnings Mean for Mutual Fund Investors (DISH)

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What Dish Network's Earnings Mean for Mutual Fund Investors (DISH)

Shauna O'Brien Feb 23, 2015



Inside DISH’s Results


Profits for the year rose 17% to $945 million, or $2.04 per share, from $807 million, or $1.76 per share, in 2013. On average, analysts expected to see EPS of $1.59.

Revenue
Sales increased 5.3% to $14.6 billion from $13.9 billion in 2013. Analysts expected to see revenue of $14.66 billion.

CEO to Retire
The company also announced that its CEO Joe Clayton will retire at the end of March. DISH’s Chairman Charlie Ergen will take the CEO postition.


Profits Increased, but DISH Is Losing Subscribers


Despite the loss of customers, shares of DISH have increased 35% in the last year.


Mutual Funds to Watch



The Bottom Line


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