Dish Network’s (DISH) Q1 profit is expected to fall 8%, with revenue growing only 1%, as its core satellite TV business struggles amid M&A speculation involving DirecTV Group (DTV) and phone company AT&T (T). Dish Network reports first-quarter results on Thursday morning. Analysts polled by Thomson Reuters estimate EPS of 43 cents, down from 47 cents a year earlier. Revenue will edge up 1% to $3.58 billion, analysts estimate. Dish Network ended
DirecTV Group (DTV) reported Q1 revenue below estimates, but adjusted diluted earnings per share, excluding charges related to currency devaluations in Venezuela, topped expectations. The satellite TV broadcaster said subscriber growth slowed in the U.S. and Latin America from the year-earlier period. DirecTV’s shares edged up in early trading in the stock market today. There’s speculation that telecom giant AT&T (T) will bid for DirecTV, though
DirecTV Group’s (DTV) Q1 profit is expected to grow 5% with revenue up 4% amid speculation that AT&T (T) could bid for the company, the nation’s biggest satellite TV broadcaster. Analysts polled by Thomson Reuters expect El Segundo, Calif.-based DirecTV to earn $1.50 per share in the three months ended March 30, up from adjusted EPS of $1.43 a year earlier. Revenue will grow 4% to $7.91 billion, analysts estimate. DirecTV is slated to report